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

To: Ruffian who wrote (41029)	9/14/1999 3:54:00 PM
From: LBstocks	Read Replies (2) \| Respond to of 152472

H&Q's negative spin on positive news just won't stop: But Ed Snyder, analyst with Hambrecht & Quist Inc., said that while the impact of Qualcomm's decision will be positive in the short term, the company still has many problems to sort through. "I think it's a good thing because it will pump the stock short term because this was not profitable," he said. "But the big problems are still there." Snyder said if wireless phone equipment makers like Motorola (MOT) and Nokia (NOK) achieve expected sales gains, it will hurt Qualcomm, which doesn't supply chips to the two companies. "Their share of the chip market is going to decline because Nokia will sell a lot of phones," he said.

To: Ruffian who wrote (41029)	9/14/1999 3:57:00 PM
From: METMAN	Respond to of 152472

mp: H&Q still talking down the issue..... "I think it's a good thing because it will pump the stock short term because this was not profitable," he said. "But the big problems are still there." Snyder said if wireless phone equipment makers like Motorola (MOT) and Nokia (NOK) achieve expected sales gains, it will hurt Qualcomm, which doesn't supply chips to the two companies. "Their share of the chip market is going to decline because Nokia will sell a lot of phones," he said. ...doesn't this guy know about royalties? metman