Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jmac who wrote (75692)	7/7/2000 3:29:31 PM
From: waverider	Read Replies (1) \| Respond to of 152472

>>>Now I "hope" that Dr. J didn't con his investors or that Dr. J was outmaneuvered by NOK and NTT.<<< Dr. Jacobs is honest to the core. The out maneuver thing looks like an accurate description for the short run, however. We underestimated the competition...tremendously. This is much worse than before (pre ERICY). When this all get's settled...one way or the other...my view of the investment world will have changed dramatically. Rick

To: jmac who wrote (75692)	7/7/2000 3:38:26 PM
From: y2kate	Read Replies (2) \| Respond to of 152472

The head of the Investor Relations department at Qualcomm is Julie Cunningham. I faxed her a two-page letter today stating my dissappointment at the company's unwillingness to counter negative information in the financial press, no matter how badly its stock and investors are damaged. Their perplexing silence seems to me the best ally their detractors have. I wrote that investors are crying out for a strong, positive response from the company today. I think Qualcomm needs to hear from us, loud and clear. Julie Cunningham's fax# is (858) 651-9303.

To: jmac who wrote (75692)	7/7/2000 4:56:22 PM
From: FR1	Read Replies (1) \| Respond to of 152472

If "Nancy" is willing to say all of these things to a complete stranger, why hasn't QCOM simply put out a press release like most other companies do when this much mis-information is being spread? What makes you think CNBC or any of the others will give you air time? CNBC is selective and will edit whatever you say. Let's look at today. In the morning I heard CNBC, and others, say that NOK/ERICY may win the bidding war against QCOM in Korea. The news very clearly implied that QCOM would lose out completely. Buy the end of the day, as you can see by Nancy's statement, CNBC had been notified of their mistake. CNBC doesn't want to say they goofed completely. It makes them look stupid. Besides, the stock is going down so there must be something to it. So when they told the news at the end of the day they said "The reason QCOM stock went down is that they will receive fewer royalties if NOK/ERICY win the competition." Go figure. One thing you can be assured of. If this was a GE story it would have been corrected immediately and repeated numerous times with charts and diagrams. ******************* OOops - I spoke too soon. After having partially corrected itself CNBC just went back the other way with a headline teaser: "More trouble for Qualcom stock as Korea gives its technology the boot." That is word for word quote many hours after they had been corrected with phone calls from the company.

To: jmac who wrote (75692)	7/7/2000 5:30:15 PM
From: EepOpp	Read Replies (2) \| Respond to of 152472

>I have to believe that they have spoken to QCOM and QCOM has not refuted the news that is going out today. that can only be true if you make the assumption that the media's purpose is to tell you the truth and go through heaven and hell to check their facts. Isn't it possible that QCOM did refute the news and yet that viewpoint didn't get published or that the press didn't even bother to contact QCOM? Be the first to release the "NEWS" and be damned with checking the facts. As far as the efficiency of the market is concerned, if that were to be true, then all the enthusiasm last year for the Q was just FUD in the first place and it should never have had the run to 200. JMHO. EepOpp