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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 162.88-1.0%10:00 AM EST

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To: Caxton Rhodes who wrote (113414)2/15/2002 4:42:58 PM
From: waverider  Read Replies (2) of 152472
 
Well, O.K. We will see about the bottom thing. But this issue of consumers and rollouts is yet to be resolved. We've heard so many promises for so long that it is a little difficult to just accept new ones...regardless of how one feels about Valente. They've got major earnings and debt problems which the market is obviously worried about. Consumers, from my perspective, will not flock to this 1x thing in the volumes you are hoping. Regardless of the increased minutes we've seen being used the bottom line is that the big growth rates are slowing down. Everyone who really wants a cell phone has one...and some are slowing down their usage as I have mentioned here before (well, OK, me and three of my friends isn't a big sample, but every minute counts, eh?)

There will be a lot more bumps ahead.

Waiting for $26...and not because of a split.

Good luck to you.

wr
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