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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (14938)	9/16/2001 5:56:05 PM
From: Maurice Winn	Respond to of 196500

* Air Travel Down - Cellphone sales up * <<First, would everyone please not fill this thread with WTC military political Off Topic stuff - there is enough everywhere else. A safe haven in the midst of madness would be nice.>> Just as in Korea with the 1998 economic disaster, when nearly all Korean tourists to New Zealand canceled flights, stayed home, bought a cellphone and went back to work, the USA has canceled flights, is hunkering down, getting back to work and buying CDMA phones. Communication is not a luxury. Food, water, shelter, communication are top priorities. In troubled times, QUALCOMM is one of the safe stocks. Mobile communication is an essential of life. But, just as with Korea, few people seem to understand that idea. Therefore, sell QUALCOMM. [I am kidding for readers who don't know about the Jon Koplik theorem]. <''I was trying to tighten my belt because of the economy. Also, although a cellphone is an extraordinary convenience, it is also intrusive,'' said Brandon, 40, from Irving, Texas. ''I can tighten my belt another way. I need peace of mind.'' In the aftermath of this national crisis, a growing number of Americans are now looking at cellphones as more than just convenient communications gadgets. They are being viewed as essential security measures. ''Cellphones are no longer being seen as a frivolous expense, but as something very important for security,'' said C. Britt Beemer, chairman of America's Research Group, a trend consulting firm in Charleston, S.C. ''I think most parents who were resistant on giving their kids cellphones will now change their mind.'' Ann Crespo, a New York City publicist who typically used her cellphone just to call her daughter when she was stuck on the train, said she now considers it a ''lifeline.'' Wendy Hendry, who had been poking around for a year to replace an obsolete phone she keeps in her car, headed out Friday to buy a replacement. ''I am going to bring this new one with me everywhere I go,'' said Hendry, 56, of Augusta, Ga. Retailers and wireless service centers have not reported a surge in sales this week. Rather, they've seen a slowdown in business, given that consumers are glued to their TV sets. But Beemer and others expect to see an uptick in business once consumers head back to the shopping malls. ''I expect to see a surge in demand,'' said Peter Skarzynski, a spokesman for Samsung Telecommunications. ''People are now seeing cellphones as more of a necessity, rather than a luxury. It will be like your wallet. You can't leave home without it.''> Mqurice