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 (12566)	7/19/1998 5:17:00 PM
From: Ingenious	Read Replies (1) of 152472

Gregg, all good points. It is true that QCOM has dramatically increased sales, market share, etc. in a very short time. There record is impressive and I hope they succeed. My only point was that superior marketing often wins over superior technology all things being equal. It is hard, however, to equate CDMA and other technologies such as TDMA etc. so I wont even try and do so. QCOM must overcome many hurdles to become successful in a consumer oriented space. Because they are selling a consumer product to people in countries where the income is anywhere from $1-50/day a high tech product must be economical. This constraint makes it difficult to punch out very sensitive, expensive DSP processing equipment and also make a profit. Of course, things would be different if they were selling phones and $100 toilet seats to the US govt. Growth in profits, not growth in overall revenue, will determine whether CDMA and QCOM will succeed.

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