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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: JGoren who wrote (59698)2/4/2007 3:01:24 PM
From: Maurice Winn  Read Replies (1) of 197271
 
No I wasn't: <At the time, the shareholders were glad to get rid of product manufacture so Qcom could concentrate on what it does best, R&D and chips.>

I wanted the Anita [TM] to be produced and the first prototype was the pdQ which was sold down the river to Kyocera who upgraded it and did okay, but we still don't have the pdQ proper.

QUALCOMM is still producing cellphones. And has been all along. The QCP-1700 should do well and lead on to a total world coverage pdQ. That should reach sales of 10 million per year by 2015. Check out the QCP-1700 - it's not all that great, but it's a start.

I don't buy the "We need to concentrate" argument. That's why one has various divisions, managers and employees each focused on their speciality. At the moment, management seems to be concentrating on the legal division, which isn't making any profits at all. I'd rather they build up the pdQ division than the legal division.

QCOM has gone from a potentially $1 trillion company with Globalstar providing total coverage, to just another also-ran which is mired in legal cost centres, not profit centres.

Mqurice
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