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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Sawtooth who wrote (21885)1/25/1999 9:18:00 AM
From: Jon Koplik  Read Replies (4) of 152472
 
To all - there seems to be more "murmuring" daily about the possibility of a currency devaluation in China.

China keeps saying "no," which, of course, means "maybe."

Now, Nokia was mentioned this morning (on CNBC) as a company that might suffer from a Chinese devaluation.

So, here is my prediction -- Qualcomm will at some point announce some profoundly good news regarding China / GSM/CDMA overlay / ERICY / 3G, and the whole world will ignore IT because the timing will roughly coincide with a Chinese devaluation.

(I know this is unfounded paranoia; but every previous lament of "Qualcomm's fundamental business developments will not change the world's opinion of the stock price" has pretty much come true).

Jon.
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