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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%Nov 13 3:59 PM EST

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To: tero kuittinen who wrote (18296)11/13/1998 2:35:00 PM
From: JScurci  Read Replies (2) of 152472
 
Tero,
"The majesty of the free market in action..."
I agree. It's nice to witness an unfettered free market in action.
And this same free market now appears to be eating one of the leading U.S. GSM carrier's proverbial lunch. Omnipoint just reported a comparatively horrendous quarter with some Wall St analysts now
questioning its long term viability. Note that in it's major markets Omnipoint is the sole GSM carrier.In the real world where the rubber
meets the road, this leading GSM carrier is clearly struggling.
Please explain.
regards,
John
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