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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?


To: SpudFarmer who wrote (1617)4/15/2000 5:09:00 AM
From: Maurice Winn  Read Replies (3) | Respond to of 12232
 
***Where are the Press Releases?*** qualcomm.com

I notice that QUALCOMM hasn't issued any press releases during April. That's nearly 2 weeks of silence. There would usually have been several.

Either they've all gone to sleep or they are saving the interesting items for release when they announce their quarterly results, which I think was to be on Tuesday.

I suppose 'sell on the news' will be a bit late given the pummeling in the market the past week or two. With Q! at half price [from the all-time peak], quite a bit of selling has already been done.

Come to think of it, the Microsoft case hasn't even got near the Supreme Court and people have panicked just at the threat of it. Very rude of those QUALCOMM shareholders to bail out before me. Now I'll have to wait another 5 years and sell at $500m market cap [or $1tn].

I bet there are some discussions now among the politicians to the effect that wrecking the markets isn't the brightest thing to do. Sure, some rational unexuberance is prudent, but sheer funk isn't fun.

Poor Limtex is apoplectic. Cheer up folks, things are never so bad that they can't get worse, so you might as well enjoy whatever hasn't been wrecked yet.

Meanwhile, what will be the exciting news released with Q! results next week? It was interesting to see QUALCOMM telling DDI/IDO that unless they go with cdma2000, QUALCOMM will be starting a cdma2000 service provider business in Japan in liason with some USA company [I suppose Vodafone or Verizon or AirTouch or somebody - maybe Leap?!!]

That will give Charlene and Madeleine some discussion time with the Japanese politicians. It seems that it isn't just NTT who can put some pressure on.

Mqurice

PS:

High oil prices
Inflation increasing
Interest rates increased in a 10 Step Plan
Market had been at all-time super-highs
Microsoft to be destroyed
Margin accounts at all-time highs
P:Es at all-time highs [many with zero E!!]

It's not surprising a market crunch is underway.

But oil is already dropping
Interest rates will not increase
Market now levelled off
Microsoft won't really be destroyed and the Supreme Court will actually dump such absurd laws
Margin accounts will have been reduced by Monday/Tuesday
Many zero E companies are wayyyyy down. P:Es still high but reduced.

So, don't count on the end of the world just yet. Fortunately, Saddam's dearly beloved son Uday won't be running the world anytime soon, so we should be okay for a while. Fancy murdering your sister's husbands. Then, a couple of years later, their aging mother! And who knows how many others...I won't how he and his brother will conclude their discussions with each other as to who should take over when Saddam has had his day. It could be unpleasant and I suppose a pre-emptive strike is on the cards.