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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Jim Mullens who wrote (82771)	1/23/2009 11:42:26 AM
From: slacker711	Respond to of 196855

As many still fail to recognized, ---and as we have discussed here on many occasions over many years--, …+ QCOM’s business model is uniquely differentiated from the total mobile wireless equipment sector. …….+ QCOM operates in the sub-sectors that are growing (3G CDMA- 3GSM /WCDMA/ UMTS and smart phones) in spite of the world wide economic retrenchment. Everything you say is true, but that doesnt change the fact that Nokia's comments on the overall handset market matter. It would have been much better for Q if Nokia had been able to say that after a dreadful October/November that business picked up very late in the quarter and was stable in January. The fact that their outlook was so dreadful across the board is not good for Q. I had thought that Q's estimate of 25% unit growth in CDMA was aggressive back in November when the outlook for the overall handset market was definitely better than it is now. Q might be saved by an aggressive rollout in China, but it isnt a slam dunk. Slacker