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


To: carranza2 who wrote (111519)1/24/2002 5:09:31 PM
From: Gypsy King  Read Replies (1) | Respond to of 152472
 
Stock was priced for disaster. QCOM certainly didn't report a great quarter, but didn't guide down as much as feared. The good news is, despite what Tero thinks, China is making great progress for the Q, and the US and other regions are within a quarter or two of going live on 1x. Conference call should reaffirm CDMA's bright future as 3G gets closer.

The stock is a great buy here. I'm buying 1/2 now in after hours trading and will buy the remaining tomorrow. Should have a nice return in 9-12 months.