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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 137.34+0.8%Feb 6 9:30 AM EST
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To: GO*QCOM who wrote (127128)2/26/2003 6:43:12 PM
From: verdad  Read Replies (2) of 152472
 
Anyone have any idea what Irwin Jacob's prediction regarding availability of CDMA2000 3G in U.S. was? $99 a month for dial-up data rates (available through Verizon in most areas, with faster speeds and better pricing available only in select markets like Duluth, MN) doesn't quite seem to signal that widespread CDMA2000 3G has arrived in the U.S. quite yet. May take a little while in the U.S....could take longer elsewhere.

Strange that in one of the most Internet dense cities, San Diego, QUALCOMM's own backyard, CDMA2000 3G is not available. Could illustrate the difficulty that wireless technology companies have in influencing the actions of wireless carriers--or--the demand for 3G may simply not justify the costs carriers might incur to launch it (ask Europe). So the chicken and egg dilema begins to lessen the sense of urgency that once existed where 3G was concerned.

Rhetorical question: And why have those insiders kept selling shares for the past three years at nearly the highest prices of the year? Diversify, diversify. To some, this may constitute signalling by management. To others, it may simply be good portfolio management (didn't imj recently give $120 million to the San Diego Symphony? May not really need to worry about managing portfolios too much). Caveat emptor.
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