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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: dougjn who wrote (6240)12/12/1997 12:13:00 PM
From: Valueman  Read Replies (4) of 152472
 
Now Doug, do you truly believe the world's 20th largest economy is going to bring down the "Q"? Have you checked in with the local Korean cell phone stores to see that sales have gone to zero? Also, how are all these bankrupt Korean companies going to "flood the world" with CDMA phones--it takes capital to produce goods? If they do flood the world with CDMA phones, won't the dollar denominated ASIC sales be a huge bonus for QCOM? Or wait, won't the Korean companies have to convert more won into dollars to pay for the ASICs, thus decreasing any chance of a profit? So they won't flood the market? Will QCOM then have the market all to themselves? When someone knows the exact impact, let me know.
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