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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.810.0%Dec 26 9:30 AM EST

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To: JGoren who wrote (11830)6/26/1998 12:05:00 PM
From: Gregg Powers  Read Replies (3) of 152472
 
JGoren:

I would caution you on your wording. Marc Cabi CLAIMS that Qualcomm has stopped selling the 'Q', but I have heard nothing from the company to corroborate this allegation. Prima facia it strikes me as awfully peculiar that management would give Brian Modoff (at BT Alex Brown) an "all clear" two days ago if there were production problems with the 'Q'. It also seems inconsistent that GTE PCS would pick the product up, as it did during the quarter, if there were systemic problems.

Irwin has told me previously that some of the early phones did have problems with the plastics, but that these issues were promptly addressed. I find it inconceivable that the company would allow something as correctable as a plastic mold to torpedo a marque product like the 'Q'.

I will post the company's response just a soon at I get a return call.

Best Regards,

Gregg
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