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

To: marginmike who wrote (65321)	1/30/2000 9:23:00 PM
From: LBstocks	Respond to of 152472

Qualcomm in Talks With China Unicom on CDMA Standard, AWSJ Says Beijing, Jan. 31 (Bloomberg) -- Qualcomm Inc. is in talks with China United Telecommunications Corp., the nation's second-largest phone company, to team up in China's mobile phone market, the Asian Wall Street Journal reported. Louis Lupin, senior vice president of the San Diego-based maker of wireless phones, said no agreement had been reached, though the paper quoted an unnamed official saying the two sides may agree on a plan as soon as the first week of February. A pact with Qualcomm may insure China adapts the wireless standard known as CDMA, which is widely used in the U.S., rather than the GSM standards it uses now, the paper said. The number of mobile phone subscribers in China is expected to surge to 70 million this year from 43 million last year. Jan/30/2000 19:21 For more stories from Bloomberg News, click here. (C) Copyright 2000 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 2000 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.

To: marginmike who wrote (65321)	1/30/2000 10:35:00 PM
From: JohnG	Read Replies (1) \| Respond to of 152472

Mike Margin. Glad to here you made so much on QCOM. I have felt that the pressure was getting tough on you. Hope you stick around the thread though, because you have much to contribute. I didn't sell a thing myself, but couldn't buy either. I have a strong belief that the company will be back over 200 by the fall. I fear that cutting a Snap Track deal, a China deal, a NOK deal, an ERICY deal, a VOD/BAM/GTE & Sprint rapid deployment of HDR, a MOT deal and Nextwave getting their frequencies could send the stock back to $200 in a hurry. All that volatility can be upsetting to me and I can see why you might need emotional relief. I guess the brokers are collecting these shares now to sell later. I thought it was a $155 stock when It sprinted to ~$179 in 1/3. If several of these events hit it will be Katy Bar the Door. The pressure points are NTT Do Co Mo and China. If one or both of these goes w/ Q's CDMA or China just goes CDMA period, then there is no stopping this juggernaut. AT&T may even fall. A few myoptic analysts may still squint at the 3/31 results, but the brokerage houses that employ them will be making millions of the shares they scoffed up my declariing a phony slump and giving their beloved customers margin calls. JohnG

To: marginmike who wrote (65321)	1/31/2000 12:18:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 152472

I respect you need to take profit, it's only paper unless you sell it, which you did. Now, you have to decide when to buy back in, that could be more torture then worry about your profit since you cost basis will be so high, you will not be able let it ride like used to do. You could buy back in only to see that buy go negative then sell thinking you are cutting loses, only to buy it back higher then you when you sold it the first place, tortured by the swings that are sure to happen. There is a rule that some players use, something on the order of the following, "Once you sell you should walk away, and not have sellers remorse." Their are too many other stocks buy then to be chasing one the will be dead for most the year like I think QCOM will, weighed down from last years outside gain. Unless of course that is what you want. I mean no disrespect in this post I'm only using your situation as an example of what I have seen happen to others and myself for that matter so maybe someone can learn from it and not make the same mistake. Greg