Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 164.99

+1.0%

9:38 AM EST

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To: quidditch who wrote (29398)	5/7/1999 9:18:00 PM
From: Mike Buckley	Read Replies (1) of 152472

Q!'s share price began to soar with the announcement of the sale of the loss-incurring infra division, but I think that many on this thread would also support the notion that the stock also took off because ERICY deal (esp. same royalty on all 3G flavors) was the final VALIDATION of CDMA Exactly. In fact, it wasn't until the magnitude of the infrastrcuture's drain on company's profits was fully realized that the stock increased 40% in one day. That vital information came after the stock had already increased significantly in reaction to the validation of CDMA. --Mike Buckley

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