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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 154.12-3.3%Jan 20 3:59 PM EST
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To: waverider who wrote (121940)7/22/2002 7:10:48 PM
From: Maurice Winn  Read Replies (1) of 152472
 
WR, if there is a telecom price per minute or megabyte war, that is very good news for QUALCOMM because subscribers will be able to yak all they like and cerf around in cyberspace to their heart's content.

That will mean they will be buying CDMA gadgets which can do all the latest tricks. That will mean vast sales of ASICs and royalties gushing in. With the dollar down, that will mean that Yen and Kiwi converted to QUALCOMM's reporting currency and profits will be extreme.

Worldcom going broke and causing a price war is great news for QUALCOMM. The cheaper the better. CDMA is the technology which can handle petatrillions of phragmented photons, which deliver those pixels to the billions of pixilated people populating the planet.

People will increasingly ditch their fixed lines and won't worry about using their mobiles, or calling them. The cost will become too small to worry about.

Mqurice

PS: Cold, cloudy, wet, dark down here....thinking of La Jolla sunshine, heat, coffee and beach right now. Hmmm. Wonder how bad the airlines and security maniacs are right now. Wonder if I'd be arrested at LAX as being suspiciously middle-eastern terrorist looking and held incommunicado at Guantanamo Bay, where I hear human rights, habeas corpus and those old-fashioned things have gone the way of the dodo.
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