Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 156.86

+1.8%

3:38 PM EST

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To: Art Bechhoefer who wrote (123109)	8/13/2002 9:35:33 AM
From: limtex	Read Replies (1) of 152472

AB - Q's the horse is now running. No more big markets unless there is a miracle in Europe.PCS had 1m new subs in 1H and it wants over 2.5m for the year. That means 150% increase over 1H. All our optimistic views were based on another economic time. imho we have to watch out for downgrades for the Q. The whole economy looks to me to be headed into further contraction and each qtr is going to be coloured by protracted downsizing. The rallys are hapening against a background of what looks ever more like an oncoming recsssion. Shorts have an view of life that I don't feel sympathy towards but they do look like they increasingly right. Best, L

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