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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%Jan 16 9:30 AM EST
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To: foundation who wrote (29092)11/19/2002 10:31:20 AM
From: Art Bechhoefer  Read Replies (2) of 197270
 
Ben, the winning bid by Vesper in Sao Paulo is important for two reasons. First, it assures a CDMA foothold in the largest commercial market in Brazil. Second, it suggests that QCOM will continue to make strategic investments, which will add near term pressure on net income.

Art
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