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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST
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To: Ramsey Su who wrote (6191)12/11/1997 8:33:00 PM
From: Brian Lempel  Read Replies (1) of 152472
 
Ramsey, do you know whether or not QCOM engages in currency hedging? If it doesn't, estimates are probably way too high, but on the other hand, if they are, then the latest plunge is largely unfounded. I e-mailed the company, but that could be slow, so I was hoping someone on here knows.

With Korea's dedication to CDMA, it is hard to imagine revenue/royalties/contracts from that area doing anything but increasing, despite the problems they're having.

Thanks in advance,

Brian
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