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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.29-1.6%Dec 12 9:30 AM EST
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To: Dexter Lives On who wrote (129891)6/25/2003 8:40:27 AM
From: Art Bechhoefer  Read Replies (1) of 152472
 
Rob: >>Most stuff is sold, not bought. That is the real world.<<

For every sale, there has to be a buyer! You assume a sellers market, which does exist occasionally, but not now.
With subscriber growth somewhat slower in the U.S. than was the case earlier, if anything we're seeing a buyers market, where choice is based on price and/or performance. Maybe what we're really seeing in the decision of Sony-Ericsson to abandon the CDMA market in the U.S. is the perception that most handset buyers will take the lower cost units, not the units with special features such as Bluetooth. If Sony doesn't want to compete at the low price, low margin part of the market, then maybe it makes sense to leave the whole market to others. Which I think is what's happening.

Art
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