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

To: Rajala who wrote (76429)	7/12/2000 4:38:13 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Go tell Tero that. He mentioned to me NOK is interested in HDR:)

To: Rajala who wrote (76429)	7/12/2000 4:40:55 PM
From: Kent Rattey	Respond to of 152472

<Elsewhere the operators can choose.> Like Europe? <lost the 3G race> To who? Casper?

To: Rajala who wrote (76429)	7/12/2000 4:55:30 PM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 152472

Rajala, You and Gus are not the only ones who are skeptical about the commercial prospects of cdma2000. The news out of Korea is actually good, IMO. Nobody is under the illusion anymore that cdma2000 will go 30/70 with W-CDMA. All the hype in QCOM is gone (except for some boards on SI, perhaps). That is good for prospective investors since it means you can find where the stock is supported by current IS-95 business, along with perhaps reduced expectations w/r/t their royalty take from W-CDMA (and I suspect the net take'll be less than QCOM has hyped, but I still think it will be substantial). I believe the kind of buying strength that came out today, in the wake of the news that the Korean carriers have no interest in 3X--the ultimate insult, LOL!!!--is the market's signaling an "all clear" on the stock. "It can't get any worse." And that's a point for my QCOM friends--the new buyers don't buy into all of that Gorilla Game stuff, but they still think the stock is a buy. So you can now keep your dream of world domination, and for all I know it'll come true, but at least you won't have to pay a dream premium. Hey, can I call that a "dreamium"? LOL!!!!! I made this point about six weeks ago, as the keypoint for potential buyers: wait till the hype is totally killed and you can get a very good deal on this stock. My post received many cordial replies. LOL! Message 13792384 To: qbull who wrote (72694) From: Mucho Maas Monday, May 29, 2000 9:36 AM ET Reply #72696 of 76434 re: "the pessimism around here is so thick that the stock must be at or near its low." Be careful about what you deem pessimism. When I was pessimistic I stopped posting here altogether and sold my Q. The fact that I am posting here at all is actually bullish. I have come back here cuz the stock's selloff has been so sharp that I anticipate a rebound. However, I believe the co. must regain Wall St.'s respect based on actual merits; not hype. China is hype. cdma2000 is hype. I want to see a valuation level that completely discounts these two prospects, along with pie-in-the-sky wish-list items like a CDMA overlay in Europe, cdmaOne in the Euro 450MHz spectrum, and incredible revenues from HDR (yes, HDR--it will roll out in some form of course, but people who think it's going to kill cable/DSL--LOL!!!!!). As a QCOM investor, I think it is important to ask: what if cdma2000 dies on the vine? What if the whole world goes with W-CDMA, and in fact QCOM receives lower royalty payments on W-CDMA than investors were led to believe? On top of that, what if QCOM is not especially competitive in W-CDMA ASICs? Meaning market share (obviously, but bigger pie) and (more important) operating margin decline? What is the level where the stock finds support on valuation? IS-95B is the here-and-now. That is where the stock needs to find value. At the point where an investor is paying only for the current cash flows on a reasonable level, China/cdma2000/WCDMA royalties/blahblahblah can be thought of as free call options on the future. To me, that's the best time to invest.

To: Rajala who wrote (76429)	7/12/2000 5:15:28 PM
From: ggamer	Respond to of 152472

With all this input in the past few weeks, I would like to know a little about your investment strategies please. What stocks look good to you. We all agree that the whole wireless market is going to be ok until the real players are known in the near future. My company is looking for a wireless system and they are talking to a consultant company. This consultant group works with all kinds of system, fixed/mobile, TDMA, CDMA, etc. My company being one of the biggest airline in the world would be interested in tons and tons of mechanical drawings and procedures available to the maintenance technicians all around the world. According to the consultants, the choices are very limited. They went back to figure out what system we should be using. Any thoughts on what would be the best technology? Our company employees 9,000 technicians and I am not sure what the number of airline mechanics are worldwide that would be interested in a mobile system like we want to get. I had a chance to talk to the a couple of the consultants and they are so busy that they have not been home for months. They have been working with all different industries and they are very optimistic about the future. I asked them about Qualcomm and they were very impressed with the technology and they are working very closely with them. The had one major comment: speed will be the most critical factor for the business world. They did not want to comment on the stock prices and they told me that since moving to 3G means big big money,the big telecom companies will be battling for a standards for a while. GGamer