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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.07+2.6%3:59 PM EST

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To: Sawtooth who wrote (17729)11/4/1998 1:04:00 PM
From: Webster  Read Replies (1) of 152472
 
Tim I wanted to respond to your comments:
First: If management executes a good plan successfully, the stock will perform. If not, well, then there's reason to be concerned".

- Management is executing brilliantly yet the overall value remains about the same over the past three years. Management has scaled mountains, yet no one knows. Whose fault is this? Is there some responsibility to shareholders who sit and wait?

Aside from the traders, the market's rightly saying "show me and show me good".
- Its too bad we will be sitting here one year from now with +$3.00 in the bag looking to +$4.00 EPS and still wondering why this thing hasn't taken off.

Look back when Q was making $.27 per share at $300 million in revenues we couldn't wait for the revenue growth, CDMA subscribers, CDMA Licensees. Now were at $3.3 Billion, $1.88 EPS Looking at $3.00 and this thing is still a trading stock! Whose fault is this? We can only look to trailing earnings as an indicator of Q's future price.

WE can talk about a discount to future earnings but no one is listening because this is and will continue to be a trading stock. A few more analysts need to be educated. When this will happen is anyone's guess. If not then Q deserves to be take over candidate if they can't do the simple execution of investor relations. FWIT.
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