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


To: Boplicity who wrote (48097)11/5/1999 8:29:00 PM
From: cfoe  Read Replies (1) | Respond to of 152472
 
<Mark Roberts, an analyst at First Union Securities, said most investors came away from a Motorola Inc. conference call today with the impression that Motorola's new cell-phone chips 'are not going to be seriously competitive' with Qualcomm's.>

In fact, from a report I heard MOT seems to begun talking about the new DSP chip they will have (maybe it was the chip that was supposed to compete with QCOM) and TXN took a hit. Well I guess they weren't really in a position to take on QCOM, so they shifted to TXN. I wonder why the market thinks MOT is a competitor to be afraid of?