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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.30-2.6%3:37 PM EST

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To: Art Bechhoefer who wrote (117655)4/30/2002 10:49:46 AM
From: gdichaz  Read Replies (1) of 152472
 
Art: Yes. What is absurd is that there is total, complete and absolute misunderstanding of Qualcomm.

We find that when the competitors of Qualcomm show terrible results, what happens, Qualcomm is cut in price.

In a world where there were the slightest rationality that whould be an absolute absurdity. But on Wall Street that is the norm.

One of the strangest phenomenom is that when the Europe numbers are poor, Qualcomm is punished. Yet Qualcomm is frozen out, has zero sales in Europe.

One of the most absurd situations is that Wall Street uses Reuters as its news and data source. Yet Reuters is absolutely and completely wrong, biased, and stupid re the Q. (No proof Reuters is in the pocket of the Europeans and the East Coasters --ATT et al -- but the record is revealing - every story re Qualcomm has the most negative slant possible.)

Ah well, perhaps truth will out some day.

Best.

Chaz
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