Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: marginmike who wrote (120333)	6/13/2002 8:51:47 PM
From: cfoe	Read Replies (3) of 152472

One way to interpret what has happened in the stock market over the past couple of years is that it is transitioning from being "growth" oriented to being "value oriented." From this point of view, can we see this also happening in individual sectors and companies? Reaction to this news could be an indication of same. Here is Sprint saying that subscriber growth will be slower, yet ARPU and cash flow better. Will the market react negatively (i.e., from a growth perspective) or positively (from a value perspective)? We shall see tomorrow and going forward. P.S. My bet is that initial reaction is negative - both for Sprint and QCOM.

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