CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Maurice Winn who wrote (14)	4/16/1996 10:49:00 AM
From: Ramsey Su	of 1819

Maurice, glad you are up. Earnings came out at $.02, talking about 2 cents worth, way down from $.11 a yr ago and $.15 from last qtr. License fees down, omnitracs down, R&D costs up, selling and marketing expense straight up....I think that is about all the negatives and caused the "melt down". However, the reaction is driven by people who does not follow QCOM. The earnings news is almost insignificant for a company like QCOM. Everything that we have discussed is on track. It is amazing how complete our information has been. I bought another 500 this morning. At this rate, I should just buy a tent and camp outside QCOM's headquarters here, since they would have all my money anyway. Ramsey

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