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

To: golfinvestor who wrote (94436)	2/23/2001 3:28:31 PM
From: waverider	Read Replies (3) \| Respond to of 152472

The LONG TERM fundamentals of the techology are still in place. However, the earnings picture is in real trouble considering the slowing pace of handsets, the foot dragging by China and the continued resistance of the GSM crowd. The G* thing is also troubling. I do not like the financial tricks that were played there and the error in judgement on the part of QCOM managment. I feel like an idiot for not recognizing that before. There is also a huge inventory glut in everything related to tech at the moment and I do not know when that is going to let up. This will be a drag on the economy so the macro picture is not nice. Put on top of that the huge debt the telecos have accumulated, I am wondering who in the hell is going to have any money to buy upgrades, CDMA or otherwise. Rick