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

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Maurice Winn who wrote (35249)	6/4/2003 12:17:50 PM
From: quidditch	Read Replies (1) of 196568

<It's amazing how long the nonsense has carried on. The urban myths just seem to carry on and get handed down from generation to generation.> So true. NOK has a seeming stranglehold on the imagination and purse strings of much of the investing community. Case in point: QCOM shares rallied strongly (first time in a while) yesterday, presumably because NOK announced that it had obtained a license from MII to manufacture CDMA phones in China. That is a positive for the Q, but for the Street to reward Q for additional NOK "support" in China is ironic in light of Q's China strategy--to decouple the manufacturing control of the GSM cabal from local control and profit in CDMA handset manufacture. I hope NOK's market share of China CDMA handsets is meager, and that yesterday's rally was entirely misplaced. quid

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