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To: gdichaz who wrote (27458)7/7/2000 10:16:42 PM
From: Mike Buckley  Read Replies (1) | Respond to of 54805
 
Cha2,

I was surprised to see that CNBC did a relatively well balanced report today (Friday, late afternoon.) They showed analysts saying the Qualcomm would recieve royalties from WCDMA and that those royalties might not be any lower than CDMA2000 royalties.

I pay so little attention to CNBC that I had to look up the channel. The only reason I watched the segment is because my brother asked me to do so.

--Mike Buckley



To: gdichaz who wrote (27458)7/7/2000 10:17:26 PM
From: sand wedge  Read Replies (1) | Respond to of 54805
 
I think it's up to us to pick through the media's offerings to find the reality versus the FUD. I don't blame Bloomberg or any other news outlet. They produce sound bites, the more incendiary the better. Right now, Qualcomm is down, and we all know how much the press loves to beat something when it's down. Especially, in Q's case, when it seemingly ran contrary to all reason last year. The folks who didn't ride that wave are absolutely loving this current situation. Just look at the glee the morning crew on CNBC shows when they report yet another piece of bad news. In fact, forget Q for a moment, what does CNBC do when 4 analysts drop ratings on a company? They show penguins frolicking. It's all about entertainment, eye appeal and ratings.

So what do we do? Continue to monitor ALL the news and wait. Remember that the true believers in Q stood alone for quite sometime. Personally, I view this as a chance to load up, yet again.