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


To: Uncle Frank who wrote (35828)7/19/1999 5:56:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
Uncle Frank, agreed 1.2 BTB is great

just might be misinterpreted by some, after huge 1.7 last qtr

this will get cleared up by morning
that is why they have announcements after trading
then only instinet traders make mistakes

/ jim



To: Uncle Frank who wrote (35828)7/19/1999 5:58:00 PM
From: Morgan Drake  Read Replies (1) | Respond to of 152472
 
I seem to remember a *component shortage* of gasoline about 25-26 years ago. I think the component was called Saudi Arabian crude oil. I think somebody made a TON of money on this shortage. I think the Saudi's and their American OEMs (Exxon, Mobil, Chevron, etc.) ended up making so much money that the U.S. Govt instituted a "Windfall Profits" tax.

Bring on the shortage. That only means that demand is far outstripping supply. Last time I checked, prices only go one way under such circumstances...up. Q will still get CDMA royalties from licensees. The market will figure this out in the a.m., CNBC notwithstanding.

Morgan