Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (1094)	8/23/2007 9:52:00 PM
From: manalagi	Respond to of 9129

Lim, Yes, it is nice to see the stock moving up while BRCM and NOK are down. This has not happen for a while. The problem with QCOM is the cloud that hangs over the stock won't go away. Since last year, how many times we have to wait and wait? Wait for BRCM trial (lost), wait for ITC (lost), wait for President Bush (lost), wait for Nokia (still waiting), August 29, wait for Spinco (if ever). There is no question that the basic operation is sound and revenues and profits keep increasing. As a matter of fact, the company has surpassed TXN as number one wireless chip supplier. While all semi conductor companies have declining revenues, QCOM is the only one with increasing sales. The cloud is what worrying investors, like how much of that bundle of cash will be gone for the penalty imposed by the court. This is another wait. How about waiting for the Appeals Court for a stay of ITC decision? No one knows when the court will render its ruling. Until then, we have to be thankful that the erosion has stopped for now, even at low volume. Best to you, Paul