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 175.25

+0.6%

Dec 19 9:30 AM EST

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To: Allen Benn who wrote (1554)	1/23/1997 9:54:00 PM
From: Bin	of 1819

>> was the $0.13/share that good to boost this 40% in a few days??? ... >The answer is, the 13 cents reported was good enough to push the >stock 40%, since the 13 cents likely equates to 22 to 33 cents. But does anyone know how much penalty QCOM is paying to the Sprint Spectrum on the daily basis since they (along with Nortel) failed to deliver PCS system on time per contract? I think this is not only cuts their short-term profits but also affect their reputation. Motorola, on the other hand has successfully brought Primco PCS service to life. Don't get me wrong, I am long QCOM over long term. But short term (over next three month), don't expect QCOM to go higher. I'm looking for re-entry point when it comes down to the low 40s. Maybe I will never be able to :( Brian

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