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

To: John Hayman who wrote (112007)	2/1/2002 12:59:30 PM
From: carranza2	Respond to of 152472

It has to be the fact that the Cabal that the final "final" UMTS standard is not yet in place, thereby delaying Q's earnings growth. In addition, GPRS's rocky start has cast some doubt on the entire wireless data field. The savvy institutional investors are apparently forming the notion that WCDMA will be delayed. Nokia's "millions of UMTS handsets in '02" BS is being taken for what it is: a replay of its GPRS BS. Ironically, the facts as are playing out are validating Dr. J's Cannes statement to the press. Unfortunately, being candid, truthful, and correct on this aspect of telecom does not help the stock price. Perceived delay in WCDMA means perceived delay in Q's earnings growth, ergo stock price falls. I think it is as simple as that, though the subscriber numbers aren't helping, either.

To: John Hayman who wrote (112007)	2/1/2002 2:46:42 PM
From: pcstel	Read Replies (2) \| Respond to of 152472

Just look at Europe and the Billions lost there because of the GSM foolishness. So sad. GSM foolishness? Actually, I think the Europeans Regulators understand the business of telecom much better than their US counterparts.. Message 16996048 PCSTEL

To: John Hayman who wrote (112007)	2/1/2002 4:17:18 PM
From: limtex	Respond to of 152472

JH - Recently we have had the same volatility in the market that we have had for nearly the last two years. We are just approaching the third year of the Great Crash and it is still chewing up peoples portfolios. Q needs to rise over 50% to get back to where it was Dec 5th. It has become a hedge fund favorite to short. Every delay has casued a few more people to lose faith and the hedge funds take another slice. There was talk of recoveries just as there was last year but it is now becoming clear that there is a big recovery in sentiment and in surveys like the NAPM etc but there is no recovery in the big companies, if anything the very opposite. MSFT ,GE, INTC say their business plans assume no growth this year. In the last few days we have started to have the same old 3% per day downs. That is the danger signal. If people got out when we first saw those big down days in March 2000 well....... Now we are having those days again. It is beginning to look like business as opposed to the economy is about to take another down turn, incredible as that might seem. NAZ down 3 weeks in the last 4. Bad sign. As for the q well we sit here still waiting and what are seeing is reducing revenues and reducing earnings. How on earth we can expect the stock to hold up with that and in this environment is a mystery. The news is great, but it was great for a good part of last year as well and what good did that do. I seem to remember quite a bit of comment last year that no-one was including China in the numbers going forward. Seems to me as follows:- There is no sign of a recovery in business never mind a weak one. Q is still delayed. 9-11, Enron, Tyco, Japan in full blown deflation and now daily rumours about all sorts of company's solvency. Evey rally has turned out to be a bear market rally and the bear continues unabated. Q sooner or later will have 1X out in the US with PCS and VZ over the whole country. Q's products will sell, it will be hugely profitable it will be a huge success and the stock should benefit but that might just mean not falling below roughly where it is now. I can't think of any other company whose product is so clearly goign to have huge growth over the next four or so years. Meantime what is there between now and mid April to keep anyone in the market. Who wants to have the risk of being in NAZ stocks or any stocks for that matter. Hope still keeps many of us at the grindstone but the risks seem to me to be getting worse by the day. I just can't help feeling that all those who sold Q above $50 after Dec 6 didn't only do so due to the sheer brilliance of their analysis. I also think that a reasonably good strategy is to wait for upgrades in all sorts of stocks by the big names and then sell them. There seems to be quite a good correlation between these upgrades and the stock tanking a good precentage after the 'upgrade pop'. Best, L