Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

3:59 PM EST

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To: DWB who wrote (112685)	2/8/2002 3:44:18 PM
From: sea_biscuit	Read Replies (1) of 152472

So I take it you agree with Dr. Schit's opinions, and that QCOM is on a shaky accounting footing? I don't know, but I have seen an SI article some time back where someone was recommending the stock -- after mentioning that its labyrinthine accounting mechanisms were even more complex than the technology that the company is developing. In other words, even something as serious as accounting problems does not matter if you can sell it to another sucker at a higher price... QCOM is not GX Dipy... Maybe it won't go the exact same route as GX, but why bother anyway? The stock has no future, other than as a short-term trading vehicle. As I said before, we will revisit this exchange in the not-too-distant future.

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