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To: Sully- who wrote (47595)7/25/2002 5:52:25 PM
From: Sully-  Respond to of 209892
 
17:49 ET Qualcomm (QCOM) 25.65 -3.45: -- Update -- On call, company affirms its CDMA overall industry guidance for 2002. Management says analysts are below QCOM's forecast, but QCOM expects replacement sales to be stronger than analysts expect... Also, company says it is optimistic about growth in the US. Replacement market is strong... stock climbing to 27.30.



To: Sully- who wrote (47595)7/25/2002 5:54:24 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
That's nice. And by some magic, QCOM, in a telecom wasteland, will only visit it's mid-1999 bubble takeoff point. Guess all those other mega-cap techs that left that level behind have poor management or a poor business model.

If QCOM gets back over $33 I will stop singing this tune. If it gets back over $37 I will probably even sing a bullish tune.


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