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


To: Jim Willie CB who wrote (53485)12/10/1999 3:53:00 PM
From: ggamer  Read Replies (7) | Respond to of 152472
 
I am pretty upset too!!

We are up about 100% since the earning/split announcements few weeks ago and now we are stuck.

There were too many of us on this thread who did not believe in the rise of this stock from 250 to 400. To tell you the truth, we are all used to this new range and we want more. Why not!

This stock is used to this type of trend all year and so are we.

So my dear thread mates it has been two long weeks now that the stock is not moving and the people in San Diego are not doing anything to improve the situation:

I don't see them working on:

1) selling a non-profitable division to improve their margins.
2) new technologies like WWeb, GSM/CDMA ASIC, or any other new stuff that we don't know about yet
3) thinking of buying other companies that would add value to their technology
4) expanding the CDMA throughout the world
5) growing the other small industry ventures that they are into like the trucking, movies, and emailing, etc.

To tell you the truth I don't see the telecommunication market believing in the future of the wireless either:

What are the big technology gorillas doing about going wireless?

1) I don't see INTC buying a chip company to produce CDMA technology in the future.

2) MSFT has not shown any signs of interest to the wireless world.

3) CSCO is busy with their old networking technologies.

4) I don't see new countries talking wireless networks nor do I see any world bodies working on standards.

I can go on and on but its no use because the price of this stock is not going to go anywhere for the next few years. This is it and it is time to invest in the medical fields recommended by a great well known street analyst yesterday.

Qcom, used to rock and it was trying to be the toll gate to the wireless world