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

To: Boplicity who wrote (73993)	6/15/2000 4:11:00 PM
From: y2kate	Read Replies (6) \| Respond to of 152472

My thoughts exactly. Then what is this note- a hoax, a lie? I saw it originally on the QRTS board this morning- then I saw it on the 'Buy Range' board. No one has really bothered to respond to it other than you- not to attempt to confirm it or even knock it down, nothing. Are people really posting fictitious memos on these boards?? If so, why aren't people on these threads raising hell? I'm at a total loss (in more ways than one!) And why has this company has allowed its stock to become a total puppet for the market manipulators? The silence out of San Diego is DEAFENING! -Kate

To: Boplicity who wrote (73993)	6/15/2000 4:27:00 PM
From: SgtPepper	Respond to of 152472

Mark Roberts of First Union Securities ... said he was flabbergasted by other analysts' downgrades. He said he has spoken with Qualcomm management since Wednesday's Bear Stearns conference, who encouraged him to maintain his estimate for the upcoming July quarter, and said they are comfortable with estimates for the fourth quarter. Either this guy is lying, or QCOM already refuted the Bear Stearns worries. It is the media (read CNBC) that is ignoring their response.

To: Boplicity who wrote (73993)	6/15/2000 4:57:00 PM
From: JohnG	Read Replies (3) \| Respond to of 152472

Gregory, If we are to believe Mark Roberts, QCOM management urged him to stand by his $0.33 earnings projection for the quarter ending 6/30/2000. This compares to the consensus figure of $0.27/share. Roberts figure has some credibility with me because of the QCOM announcement some weeks ago that they had just shipped their 100 millionth ASIC. At the time we combined this number with other official Q data to estimate that 16 to 17 million ASIC's would ship for the quarter ending 6/30/2000. This compares favorably to the record 14+ million shipped for the quarter ending 12/31/99 and the apx 11 Million shipped for the quarter ending 3/31/2000. A run up prior to the 7/19/2000 earnings release date would be normal. However with the recent collapse fom apx $80 back to $61 I really wonder if the run up will get beyond the $70 to $80 range. News of a BLOWOUT $0.33 earnings per share with the price in the $75 range could cause a spectaculae jump in the stock price based on a possible $1.60/share year 2001 earnings. It's hard to see what new "bad news" could come out as a spoiler. Thus, QCOM merely needs to execute, keep their head down and shoot straight. I am optimistic goung forhard. I do think you are right that some of the shell shocked recent QCOM investors that bought in at $150 down to $70 will be looking for an exit. And they will be serve as a break on some exuberant huge upswing. So far, I have completely underestinated the amount of bad news that can be created by China, Snyder, Korea, Reuters, etc. JohnG JohnG

To: Boplicity who wrote (73993)	6/15/2000 5:15:00 PM
From: r.edwards	Respond to of 152472

I think things are good XX the last two days, I bought more @ 62 1/2, I use CDMA in my phone, and Verizon will also. I believe the bottom is in........ (:~)

To: Boplicity who wrote (73993)	6/15/2000 5:44:00 PM
From: CJ	Read Replies (3) \| Respond to of 152472

Yesterday, I posted here the gap @ 60. It closed today. (The 59 63/64 was classic.) Period. Strange, though, that it took so much nasaying to drive it down. IMO, all of you who are dubious/suspicious, of the blatant "drive it down" comments today, are 100% correct, which is why I wrote yesterday about this not being a time to knee-jerk. I'll go a step further, and ask: Who do you think made/will make all the profits from the 10 point drop ? Surely isn't the investors/traders who got squeezed. What was going to happen was obvious. I'm in a quandary as to how to properly value this stock now. Ideas? Good luck to all.