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


To: foundation who wrote (117287)4/24/2002 11:06:16 AM
From: biostruggle  Read Replies (1) | Respond to of 152472
 
It is time for Q to declare victory and shut down Vesperdud. Vesper will never breakeven. Q should write down the investment "again" and walk away. Otherwise Vesper will continue to eat 50 mil/q. In the real world Q is currently almost making no money (real earnings) and has delivered no revenue or profit growth for two years. The CDMA story is getting a little thin.

Do not tell me to sell, I'm too far underwater with Q and will have to ride it out looking for the payoff at the end of the 5 year rainbow.



To: foundation who wrote (117287)4/24/2002 11:07:17 AM
From: slacker711  Read Replies (1) | Respond to of 152472
 
ZAPP may prove a seed that sprouts multiple East European shoots...

The investment into ZAPP might work out ok if it was the only one. The problem is that the are also considering large investments into an Indonesian 450MHz operator (also a Malaysian one?).

It would take a lot of 450MHz handset sales to offset the write-off of even one of these investments. It would be different if these investments had paid off in the past but Qualcomm has not been very astute in their carrier investments.

Slacker