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

To: Ruffian who wrote (37305)	7/27/1999 12:41:00 PM
From: JohnG	Read Replies (2) \| Respond to of 152472

Michael P. List of Q positives from Yahoo & SI. JohnG Johnqual - Read His Post Again by: EdJ54 28035 of 28126 and again. It's easy to lose perspective when the market is down The ticker tells you how solid or weak a stock is against the overall market. Like the phrase Johnqual used "this baby is strong" - the market would like to but finds it very hard to argue with patents, fundamentals, and the future of wireless. Still a buy a current price. Might be the "one stock" to own. Bloody Good news on QCOM is by: johnqual 27985 of 28030 holding it up as NASDQ plunges and despite bad TA. This baby is STRONG. Shorts had best cover by 4:00. Remember what haffende to poor Jerkyboy when he failed to cover one Friday afternoon. He never posts any more since loosing 28 points on his short. Chosen. They left out some other by: johnqual 27900 of 27977 POSITIVE factors: a. QCOM has just been added to S&P giving they appeal to a broader group of investors b. S&P increased QCOM credit rating after the stock offering c. It was reported on SI that QCOM has a phone production facility comming on line in Mexico. d. It was reported that the phone component suppliers are boosting their copacity continuously--but not by enough to keep up with demand. This means phone prices will stay high during the Fourth Fiscal quarter & profits will increase. The post below omitted the above factors. Maqurice. You ask what is the Positive news that could life Q's price despite the TA's concerns. 1) Appeals court has ordered FCC to give Q an fee license in a major metro area comparable to Miami/ Fort Lauderdale. 2) ERICY announced last week that they would begin building CDMA phones using Q's ASICS--Ate the crow feathers and all. 3) G has 32 birds in orbit--enough to start limited satellite phone service. Q will make the CDMA/ G* phones and ERICY the GSM/G* phones. 4) Q has presumably completed their stock offering and should have an added $1.07 billion from it in thir bank account to fund any immediate expansion plans. Q's stock price appears to have recovered somewhat from the confusion surrounding the offering despite the unfortunate circumstance that the offering happened to fall on one of the worst NASDQ down days in months. 5) Dr. Jacobs pointed out that GSM can be converted to CDMA using a simple air overlay. ERICY spokesman hinted that US GSM operators were asking them for such an overlay. Dr. Jacobs stated that GSM operators would be better served to switch to CDMA ver ?? than AT&T's EDGE because CDMA allows twice the voice bandwidth and the same data bandwith and both will be ready at the same time. 6) SPRINT PCS has just placed a $400MM order for Q's Thin Phone and PDQ phone (which will include internet browser software--GeoWorks?? I believe). 7) Q just completed their most profitable quarter ever with pro forma earnings of $0.86/share (with all expenses related to the terrestrial division and its sale to ERICY removed). Further, mgt said future growth would be sequential based on the June Quarter's results. 8) Sony turned over production capacity at their JV plant to Q and are leaving the US market (leaving their 7% high end market share to --guess who?) to focus on Japan and Asia CDMA market. 9) Toyota wants to merge its Japanese CDMA operator with the other Japanese CDMA operator to put further pressure on the slow, sleepy NTT DoCoMo which says it won't have CDMA until 2001 because the want to wait on the W-CDMA version.