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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: marginmike who wrote (111097)1/17/2002 3:56:51 PM
From: limtex  Read Replies (1) of 152472
 
mm- the Q is imho much more subject to prevailing market sentiment than it was before the great rise.

I just refuse to believe that 1X will be anything less than a storming success. It is just the interminable waiting. People in the US are going to sign up for 1X by the millions. PDAs permanently on are going to revolutionize the way we live and work. The US will show the way since Europeans don't actually need 3G as much as Americans or Asians.

Of these groups Americans need 1X more than anyone.

The only issue has been whether there is any sign of a recovery. The market moved up and then stalled and fell toward earth again as wireless, INTC and a couple of others swamped all the good news and drowned it.

We have waited so long and to have the stock collapse 25% in a few days after this long of a wait was 'a bit dissapointing' to say the least.

As for growth well I believe and always have that 1X going live in the US changes the whole picture. The naysayers are goign to have the biggest surprise of their lives.

OUr porblem is to get to the end of June without yet anotehr downward revaluation.

Best,

L
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