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

To: mightylakers who wrote (119738)	6/2/2002 2:03:25 PM
From: Caxton Rhodes	Read Replies (1) \| Respond to of 152472

BTW, Cax since when you became a TA guy? <ggg> Since I started trying to figure out how I made and lost so much money. The first conclusion was don't fight the trend. The second conclusion was margin was way more dangerous that I had dreamed. Almost everyone on this thread knows at least as much about qcom as the analysts. The reason this stock has tanked is that earnings estimates have gone way down. The key to qcom is cdma sub growth, which has been way short of expectations. There is hope in China and India but China seems to be going slower than the investment community had hoped. I am far from convinced that 1x will steal GSM subs. The only way I see is that MMS and GPS are big hits and CDMA does both of those "better enough" to grab market share and increase profits for CDMA carriers. Right now I use the data features on my A400 and I am the only one I know who does. I think a big mistake so far by carriers is that they haven't explained how to use the web features for personal info. They should tell subs that if they set up a my yahoo page on the net, they can get all that info on their phone, personalized, sports, finance, quotes, flight info, movie times, and news. They tell people they have the service, but not what they can do with it. Most folks will just use their phones for voice. The need for high speed data is so far unclear. If they can get MMS working, specifically, easy sending of pictures to phones and emails, and GPS providing good driving directions, we could see a boom. The mobile laptop market has yet to be proven. QCOM makes a lot of money, which the bears tend to forget. So I watch the stock, because qcom is still a great company, but I am not as optimistic as I used to be. So I look at the charts, and attempt to interpret, when to trade. Caxton