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

To: lml who wrote (5901)2/11/2010 8:38:05 PM
From: BoonDoggler1 Recommendation  Respond to of 9129
 
Clearly something that should have been said in the CC, but, who's to say the sale of low-priced USB modems won't continue? Well, Paul said they're looking forward to higher ASP sales, but I have a feeling the market is in a wait and see mode at this point. Hope I'm wrong.



To: lml who wrote (5901)2/11/2010 8:50:29 PM
From: seti  Read Replies (1) | Respond to of 9129
 

If the drop in ASP is, in-fact principally due, in-part, to sale of low-priced USB modems, then QCOM's treasury should have been buying back its stock big time the last couple weeks, in particular the last few days.


If the only factor was just a lower ASP due to increased usb modem sales, then the projected revenue would not be going down.


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