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

To: r.edwards who wrote (75883)	7/8/2000 2:46:43 PM
From: Return to Sender	Read Replies (2) \| Respond to of 152472

The trouble with technical analysis is that it does look backward to predict future events. If QCOM were to drop $5 on Monday then the worst may very well be over. However if the stock continues a slow descent then it could continue on a while longer. Fundamentally consider that the following factors that I believe weigh heavily on this stock. 1.) QCOM has made it apparent that high growth rates established last year were unsustainable. 2.) If QCOM loses the Korean contract then it is possible that they will have to reassess their recent down sizing and let additional employees go. 3.) The company may find that they have too much inventory on hand and be forced to lower prices on chip sets in order to ensure overcapacity is reduced and future sales are ensured. Longer term QCOM stands to benefit from any kind of CDMA sales based on royalties. If sales are lost on a direct basis, a down sized QCOM could emerge that is capable of beating analyst's estimates again, even if it is not based on sales of their own chipsets. Just my opinion, RTS

To: r.edwards who wrote (75883)	7/8/2000 6:37:37 PM
From: waverider	Read Replies (1) \| Respond to of 152472

edwards...speaking of puking...I remember puking my guts out in the Philippines, rolling around the bottom of a Jeepnie, hanging on to the sidebars on the way to a rural hospital. I won't mention some of the other biological functions that were going awry at the time. My tempie was around 107 and my buddy had just rubbed me down with rum to try to cool me off. Didn't look good. By all accounts, I should have been dead...if not from the typhoid and dysentery, then by Marcos' soldiers who were shooting at the Jeepnie (it was past midnight and way past curfew)...well I hung on. To the dismay of many who I have laid into here with high temperature flames (most who are a distant memory here), I survived. And I'll tell you one thing...I AM SURE AS HELL NOT GOING TO LET GO OF THIS JEEPNIE EITHER. I've lightened the load a bit, but I'm I'm still hangin' on. Anybody wanna take the shares I have remaining, they can dig 'em out from under my fingernails like I later did with the hospital paint. Any damn questions?