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

To: kech who wrote (91149)	4/25/2010 12:02:39 PM
From: BoonDoggler	Respond to of 197214

Thank you, Bernstein, for deriving that out of the data, and great job by Q management for making that point clear at the CC. Perhaps they want to keep the stock low for awhile. "Let's sound tired, guys.". suggest that the total device market value embedded in QCOM’s revised methodology and guidance might actually be even a bit higher than previous.

To: kech who wrote (91149)	4/26/2010 3:13:24 PM
From: Jacob Snyder	5 Recommendations Read Replies (2) \| Respond to of 197214

You may well be right. Do you have a guess as to where we bottom between now and the next earnings report? For now, I've placed orders to buy at $35 and $30. I may revise those orders, depending on events (either up or down). <also the $3B approved buy back> I predict, based on the LT track record, that the $3B in stock buyback will not change the share count at all, and will have zero influence on the stock price. Here's the track record: total shares, fully diluted: 1678M 3/28/10 (net 27M share increase YOY, and 5M increase for the quarter) 1673M 9/27/09 (FY 2009 end) 1660M 2008 FYE 1693M 2007 FYE 1711M 2006 FYE 1694M 2005 FYE Message 26478780 The idea that the stock is down, because of bad PR (that is, management hasn't "sold" their story well enough, or investors "don't understand"), is pure denial, IMO.