Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: idler who wrote (126107)	12/19/2002 5:39:36 PM
From: Art Bechhoefer	Read Replies (2) of 152472

idler--It would make sense for Verizon to spin off its wireless into a separate company--really separate, and not a tracking stock as in AT&T Wireless or Sprint PCS. However, I'm sure most Verizon executives would prefer to maintain control over as much telecommunications service, whether wired or wireless, as possible. It would also make sense for Microsoft to spin off its applications software so that division could make more money supplying software to competing systems, such as Linux. Hey, it's not profits they want as much as control. Contrast this control mania with QUALCOMM, which has spun off numerous companies, or sold divisions, such as handset manufacturing, in order to INCREASE its overall earnings growth in a more manageable setting. Read some of the recent books on management and the only conclusion you can draw is that QUALCOMM does all the right things. Whereas these other guys are more interested in control and self agrandisement. Art Art

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