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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 151.55-0.8%1:05 PM EST
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To: Jim Mullens who wrote (43948)1/2/2005 10:58:20 AM
From: Art Bechhoefer  Read Replies (2) of 197418
 
Jim, the Business Week article probably doesn't factor in the effect of a change in accounting for options, required by FASB beginning the second half of this year. However, the weakness in the current price probably discounts this impact.

I look at the tsunami destruction in Asian countries as another opportunity to expand on the use of wireless for ordinary and emergency voice and data communications. Many of the places affected by the tsunami are completely without infrastructure.
Reestablishing communications will be a high priority, second only to emergency lifesaving measures.

Any weakness in consumer demand in industrial nations for improved wireless communication in 2005 will be more than compensated by recent events in Asia.

Art
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