Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JMD who wrote (31963)	6/8/1999 2:10:00 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 152472

Mike, there are many parallels between GLW and QCOM. GLW is the leader in broadband fiber optic lines, just as QCOM is the leader in wireless (narrow and broadband). QCOM in the past has gotten little respect, with all kinds of analysts and competitors bad mouthing the company, CDMA, and QUALCOMM's limited market penetration (compared with the likes of Nokia, Ericsson, Motorola, etc.). Corning has been under a stigma from all the breast implant litigation, despite the fact that Corning has no liability, and despite the fact that Corning has already written off its minority investment in Dow Corning (the company that actually made some of the silicon material in question). Now that a settlement between the litigants is pretty much in place, Dow Corning will be able to emerge from bankruptcy. Ironically, this will result in Corning taking a one-time gain to offset its previous write-off of Dow Corning assets. Once this whole matter is resolved, Corning shares ought to do quite well, apart from the rapid growth in demand for fiber optics.