Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.81

0.0%

Dec 26 9:30 AM EST

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To: Kayaker who wrote (121136)	7/1/2002 2:06:54 PM
From: marginmike	Read Replies (2) of 152472

No I disagree, this board is a LOVE fest and nobody wants to hear anything negative. I dont always agree with M-ass, but he and rob are the only people who will give you something to think about. S&P said today that IBM/CSCO and other big techs are overstating income substatially, MM and I spoke of this as big problems. Qcom is an honest straight forward bunch, but I would be lying if I said all the write ofs every quarter werent disturbing. A fact I brought up even in the heyday. I think Qcom needs to start reporting Gap numbers, and stop writing so much crap off. If I knew any less about this company I would be unhappy with this pattern. Companies like IBM/TYCO/CSCO etc use writeoffs to manage earnings something that is now coming back to haunt investor's.

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