Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

+1.0%

Nov 24 3:59 PM EST

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To: Gregg Powers who wrote (9552)	4/1/1998 3:34:00 PM
From: DaveMG	Read Replies (1) of 152472

Gregg I find it hard to believe that the Korean royalty situation is really what's holding the stock back. Everyone knows about impending launches in Japan,Philipines,etc., all the new handsets from various new CDMA vendors.. It seems more plausible to me that the poor margins, falling handset prices in conjunction with more competition, and the ongoing and very confusing standards imbroglio are to blame.It looks to me like what we're now seeing is short covering caused by this S&P thing.spurred on by little tidbits of news i.e.W-CDMA licensing. Volume today is still considerably below average (3:30), suggesting that we have yet to see any real short capitulation, which might be construed as a positive ...Dave

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