To: tero kuittinen who wrote (3818 ) 3/26/2000 1:39:00 AM From: Jon Koplik Read Replies (1) | Respond to of 34857
Tero - re : ...Qualcomm really feel[s] the need to announce every single week ... (By the way, after "un-subjectmarking" the SI Nokia thread a long time ago, I just "re-subjectmarked" it today. So, you will have yet another person "jumping down your throat" if and when you make comments that any of us Qualcomm-ers feel must be answered). Back in 1997 and 1998, when I was already a Qualcomm shareholder, and had to live through countless episodes of : "I can't believe Qualcomm management is not vigorously responding to this irritating or insulting or misleading or just plain untrue ... press release or newspaper story or whatever ..." (And I figured the logic was perhaps : 1. Qualcomm will not "descend" to the level of its underhanded competitors (or detractors). 2. The amount of time and energy necessary to draft (and get approval from the company's lawyers, of ...) a press release de-bunking or deflating the offending remarks would most certainly be better spent working on electrical engineering things. 3. The (Star Trek characters) "Borg"-like attitude of "We are Qualcomm. Resistance is futile ...") ... I used to look forward to the day when Qualcomm WOULD respond to things, would make lots of press announcements, would "court" the Wall Street analyst community without treating them (the analysts) like the morons that they are, etc. Well, Qualcomm did (in my opinion) start doing this some time in the past year or so. I have always wondered if it had something to do with Rich Sulpizio being in, replacing Harvey White (?) So, we had Qualcomm stock zoom last year, possibly helped by this "answer most (if not all) frivolous, idiotic comments out there" -- approach. Personally, I like this lots of announcements approach. (I will not even get into the whole issue of Qualcomm's announcements tend to followed by real world things like orders, systems being tested, built, etc. ... as opposed to what happens with announcements from a lot of other firms ...) Jon.