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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 180.90

+2.1%

Oct 31 9:30 AM EST

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To: A.L. Reagan who wrote (25000)	7/26/2002 8:31:02 PM
From: Eric L	Read Replies (1) of 196407

A.L., << Congrats Eric on the 25,000th post. >> Is that what some call a grub? <g> If so that is a pretty good grub is it not on the best wireless thread on SI? << It is interesting that Lehman cut the price target. >> Hurt me. hurt us. << Don't necessarily disagree with their "conservatism" but methinks the price target methodology has little to due with any rigorous discounted PV model, and more to do with finger in the wind. >> I agree. << FWIW, on the anecdotal front, my tenant the Verizon reseller reports little effort by Verizon to promote 1X (both handsets and network available in our area) and scant customer interest. Sort of reminiscent of the Globalstar USA roll-out so far. >> Well, I spent about an hour with the manager of my local full service (large - serves a pop of almost 1 million) Verizon store this week talking to the manager that sold me my first cdma/amps unit (QCP800) one month after BAM really went commercial with IS-95 (March 97) and has since sold my wife and I, 5 other dual or tri-mode devices. He advises that Verizon Express isn't being pushed much at store level (being pushed to corporations) and neither are the 1xRTT handsets in stock although those are moving pretty well. His staff is pushing data however (2-way SMS and MSN WAP) much more diligently than they were a year ago. We did not really get into a discussion of BREW. He expects a 1xRTT push to start just before Thanksgiving, but could not (not would not) provide a lot of detail. Best, - Eric -

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