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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.67

+1.6%

Nov 12 3:59 PM EST

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To: Gregg Powers who wrote (13759)	8/14/1998 3:43:00 PM
From: Jon Koplik	Read Replies (1) of 152472

Gregg - remembering John Scurci's extremely well-written post (many hundreds of posts back) regarding yet another of Marc Cabi's distortions (the plastics problems in old 1900 MHz Q-Phones business, and Cabi's carefully worded innuendo pointing people toward thinking it was a current (not past) problem, and that it might involve the 800 MHz Q-Phones also) ... IF one reads your direct quotation from Cabi's thing (remembering that, in theory, First Boston (in addition to you) has heard about SEC rules, and may have "high-powered" lawyers checking Marc Cabi's writings before they are released to a world made up mostly of people NOT as smart as you) ... THEN, it is possible to see how Cabi might "weasel out" of criticism by saying : Well, obviously when I wrote "20% of all Korea-derived CDMA revenue" what I really meant was "20% of all of Qualcomm's Korea-derived CDMA revenue." You think? My question is -- why does anyone listen to this guy? (And, if First Boston has ERICY as an investment banking client, doesn't everyone who gets Cabi's "research" know that?) Jon.

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