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To: John Stichnoth who wrote (13517)	6/14/2000 6:21:00 PM
From: Sawtooth	Respond to of 29987

<<Let's see if I've got this right: QCOM loses $7.4 BN in market cap when the CFO says a write-off would cost them $74 MM, as a one-time charge, and no one (analysts, management, indpendent investors) have ever included any G* earnings in their projections?>> John: The flaw in your approach is that you are basing your observation on a platform of sound logic. I came to the conclusion long ago that rational thinking had little to do with stock price movements. ; ) Best. .....VVVVVVVVVV

To: John Stichnoth who wrote (13517)	6/14/2000 6:28:00 PM
From: MileHigh	Respond to of 29987

John, The Q breakdown today is just another testament to the current weak investor psychology in the market. We are experiencing PTTSOD~ Post Traumatic Tech Sell Off Disorder (no disrespect to vets, etc...It is a real disorder/syndrome) The market is VERY SPOOKED.....BOO! MileHigh

To: John Stichnoth who wrote (13517)	6/15/2000 6:25:00 AM
From: Labrador	Read Replies (1) \| Respond to of 29987

>>Let's see if I've got this right: QCOM loses $7.4 BN in market cap when the CFO says a write-off would cost them $74 MM, as a one-time charge, and no one (analysts, management, indpendent investors) have ever included any G* earnings in their projections? << Are you sure that this dime is a one-time charge, or really a reduction in projected operating earnings? If G* were to go bellyup, what about the write-off [extraordinary-nonrecurring] of the G* receivable by QCOM? How much you this be or is this included in the 10 cent figure?