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


To: gdichaz who wrote (17999)1/10/2002 8:30:37 PM
From: Eric L  Read Replies (5) | Respond to of 197225
 
Chaz,

<< Dr J's statements at Cannes were right on the money and that the hatchet job by the Financial Times reporter was what caused a tempest in a teapot controversy. >>

Dr J. chose his forum (FT).

He does nothing unconsciously.

He did it consciously.

In ONE DAY the CEO of a S&P 500 corporation reduced the value of his corporations valuation by 20% (40% in 2 weeks from the time he departed for Europe and when he returned).

That is pretty hard to do but hew he it ALL BY HIMSELF.

I would like you to reconcile the fact that his comments were "right on the money" and what he did (again) to the valuation of the largest holding in my portfolio.

I would like you also to reconcile the fact that his name is often proceeded by the word "controversial"

... and I would like you to explain why Qualcomm is not profitable on a pro forma basis much less a GAAP basis,

I consider Dr, Irwin Mark Jacobs conduct in Europe to be inexcusable and totally detrimental to the health and welfare of Qualcomm shareholders.

I expressed my opininion on this last year here and I am now doing so again.

- Eric -