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

To: Jacob Snyder who wrote (96558)3/31/2001 5:07:53 PM
From: gdichaz  Respond to of 152472
 
Jacob: What we have seen is that when the Asian flu happened, sales of cellular phones in Korea kept expanding. Sales of mobile phones in Japan have been going on steadily despite a deep economic malaise for years. China will use taxes or state borrowing to finance the CDMA buildout by a government agency. India, Australia, Brazil, Canada. And on and on. (And yes, there is even the US with Sprint, Verizon and Nextel)

Yes, there may be some hiccups, but the major problem is in Europe, which for all the wrong reasons is irrelevant to the Q.

Never a guarantee of course, but the "market" is likely to be there - particularly for 1x which has the huge incentive of doubling voice capacity for the operators at very small cost.

Qualcomm is not facing doom exactly.

Best.

Chaz



To: Jacob Snyder who wrote (96558)4/1/2001 12:25:57 PM
From: SKIP PAUL  Respond to of 152472
 
Where do you think Korea and China get the hard currency to pay QCOM?

I am sure you are aware that China has a huge trade surplus with the US. Hard currency is not an issue with them.


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