Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 180.74

-0.1%

Nov 3 3:59 PM EST

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To: Jim Willie CB who wrote (116861)	4/18/2002 5:04:29 PM
From: grinder965	Read Replies (2) of 152472

I wouldn't hold my breath but a weakening US Dollar would be very good for Q's business. Chipsets would become less expensive for Q's major purchasers. Also, since Q get paid royalties in the currency of the purchaser, it would translate into more US$ the flow right to the bottom line. Should the Korean Won and Japanese Yen strengthen against the US$, Q's bottom-line would receive quite a boost. No benefit would accrue as a result of doing business with China as long as the Chinese Renminbi remains pegged to the US$ at the same rate as today. However, an overall weakening in the US$ could eliminate the chances that the Chinese currency might get devalued a some future point in time. Possibly partially offsetting the aforementioned postives, I suppose the downside might be that foreign investors might pull their money out of US equities and Q's share price could be impacted to some extent.

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