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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Mark Fleming who wrote (112553)2/8/2002 12:41:48 PM
From: Maurice Winn  Read Replies (1) of 152472
 
Well, Mark, it seems that those people are the ones who have put the frighteners on. Therefore there is nothing wrong [such as CDMA doesn't work in China or OFDM has announced with AirFibre a system which makes CDMA obsolete].

Therefore, anyone buying today is going to make a lot of money and the poor saps who bought high and are panicking that it's another Enron are being conned by CFRA drivel.

CFRA thinks it's bad to take equity instead of money for a license to use CDMA. Well, if the licensee doesn't have money and goes bust, then there's nothing lost. If they succeed and sell CDMA then the equity will be good. It's better than refusing a license. It's a risk-free way of getting equity in what will be a hugely successful industry, the CDMA industry.

For a century, there have been family members running Ford Motors. It has been a hugely successful company. The Japanese royal family has been in charge of Japan for 1000 years and despite the current fun, Japan is still the richest country in the world [per capita and with over 10 million people and actually civilized too - compared with the USA]. So families and nepotism are not necessarily a bad thing.

Mqurice

PS: Now 26 million and the bottom's in at $35 approximately. Get your bargains folks....the shareholders aren't all sellers and the sellers are going to be gone soon [they can only sell their shares once - though they can short some more too...]... oh, 27.4 million Wow, some lucky dogs got some at $34.10... 28.2 million. Fun's over folks. Selling's done. Opportunity gone. Here comes the bounce. These things don't last long. 30.2 million and people are accepting that the bottom's well in and they are at least getting it a couple of bucks cheaper than yesterday... for now... they better hurry. Huh? The low is now shown as $34.59. What happened to the $34.10 which showed a few minutes ago...cancelled transaction??!! Fraud??!!! Mistake??

31.1 million and over $36... fun's over folks....and editing...
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