SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ANDW
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: j g cordes who wrote (755)3/30/1999 12:06:00 PM
From: Johnny Canuck  Read Replies (1) of 857
 
Jim,

I saw the gap yesterday on my charts.I know it got an upgrade this morning from First Albany with a target price of 17, but they also pre-announce a big miss for the Q on Mar 8,1999.

My guess is that it is benefiting from all the hype around QCOM. They have a factory in China. Remember that this is a late cycle supplier though. The towers get wired lasted in a deployment.

From a general perspective, I think the near term growth for QCOM is over stated. I don't believe that there will be more CDMA wins than if QCOM were still in the infrastructure business in the near term. Long term is a different story. ERICY has too much of an investment in GSM and will continue to promote it where possible as they get a better margin. 3G is still yet to be determined. QCOM held some critical patents, but that does not mean CDMA in the QCOM form will win. I don't think China can use the same model as North America where the phones are subsidized by the carrirer. That 75 dollar phone can cost the carrier 300 dollars. As a result handset sales may not grow as fast as predicted. We saw a similar overstated growth path with paging.

ANDW is also benefiting from the activity in North American spectrum auctions. Check out the LWIN thread.

It looks like you have been away. What part of the world have you been off to?

Harry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News