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

To: Andrew N. Cothran who wrote (108147)	11/6/2001 10:15:18 PM
From: Ruffian	Respond to of 152472

Agree 100%. It is the market sentiment and perception, always 1st.............logic is second, sorry to say............

To: Andrew N. Cothran who wrote (108147)	11/6/2001 10:46:35 PM
From: kech	Read Replies (1) \| Respond to of 152472

They also wouldn't have been light due to Pegaso if they had been able to restructure it as planned by the end of the quarter.

To: Andrew N. Cothran who wrote (108147)	11/6/2001 11:53:14 PM
From: Jacob Snyder	Respond to of 152472

re: Pegaso is a very temporary phenomenon Pegaso, yes. But QCOM has a habit of investing in a number of companies like Pegaso, which is why the new-and-not-impoved-SAB101-modified-profits for FY01 are: pro forma....+0.98 GAAP.........-0.73 Notice, one is a positive number, and the other is negative. And the reason those numbers have different signs, is because QCOM puts money into companies like Pegaso (and Globalstar, and others), and this money has a habit of going away and never coming back. And this is not a singular, one-time event, it is a repeating problem.

To: Andrew N. Cothran who wrote (108147)	11/7/2001 3:33:20 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 152472

Well said, Arthur, from the perspective of a long term investor. >> The more astute among us will be buying as the opportunity presents itself. In time, but first we need to assess the impact of today's announcements, and let it settle out. In the interim it may be a good time to write covered calls against our holdings. Those with the necessary skills (or a lot of luck) may have an opportunity to lower their cost bases through trading. I'm probably going to try some of each. But I have no plans to retire Q from my core holdings. uf