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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (6072)	12/9/1997 8:20:00 PM
From: Brian Lempel	Respond to of 152472

Ramsey, I don't trust analyst reports either, but that's not the issue. Lehman has been very bullish on QCOM (for their own reasons I'm sure), but the report was still good. The big thing, IMO, was that handset development by competitors is progressing slowly, and QCOM has the market to themselves until late '98. QCOM's growth potential is limited to their own production limitations. If they can ramp successfully without damaging margins too badly, they should be in great shape by next year as the leader in CDMA phones. Brian FWIW, I think QCOM should hold up fine until earnings as upgrades are made and estimates upped. Based on Lehman Bro's comments, even their estimate (at the high end of the range) is conservative.

To: Ramsey Su who wrote (6072)	12/9/1997 9:08:00 PM
From: qdog	Respond to of 152472

It's analyst!! Well, I suppose the question begs to be asked; if wealth is evaporating at 3-6% clips per day in some of these markets; what are people expecting!! Continue growth?? Mind you Oracle is a heavyweight in technology and this doesn't bode well, for now. Sort of like MOT last year. IT report and drug the whole market down for a day or two. When a biggie coughs, everyone get's a sneeze. IBM may not be effected as badly as some think. They may actually be taking share away from Oracle. THEN THERE IS THE NOVEAU MONOPOLIST OF REDMOND!! They ARE SUPPOSE to be in the catbird seat because of NT and their Back Office suite!! The others well...... I don't think that the effects of Asia are over in the US equity market. Scary display of Oracle today; 170 million shares traded. Wow!!!

To: Ramsey Su who wrote (6072)	12/11/1997 4:45:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

"...it kind of reminds me of the times when QCOM dropped to the low 30s. You and I were screaming buy." Yes, looks like a worldwide liquidity crisis. World's markets at last in synch. In the past markets have been see-saw. Jap up, USA down. Now all together. Now a bit of fear and panic. Lots of speculators in Asia splattered wall to wall. So, printing time by the money producers. Time to go shopping maybe, but I have to use newly minted money - none of my own left! I'll have to borrow from the Fed, ship it to Korea, Japan or Taiwan and rescue some overgeared crashed-in-flames gamblers. So I need more of a crash yet! Qualcomm at $45 would be very tempting. Even $50 would be hard to resist. The world's biggest dead cat bounce is only part way complete. I guess wait for it to stop moving. Have a nice holiday. [I'm still too ignorant to know what's a good biotech to buy.] Mqurice PS: For ease of reference, my rant at Frezza's follows. [Ira says Newbury trials good]. Ericsson shares down - Bill, how about repeating the Qcom/Ericy share comparison again. Notice a trend? cdmaOne subscribers near 7 314 159 worldwide. Market share increasing quickly. Notice a trend? Ericsson lays off 10 000. Or was it 20 000? Notice a trend? Bill F. goes AWOL - too busy to talk. Denies everything. Pretends he argued only for intellectual pleasure or something. W-cdmaOne making headway. Ericsson vaporware will be operational anytime soon. Haahahahaha!!! cdmaOne overlay of GSM seems to be making good progress in Newbury. cdmaOne WLL orders pouring out the door. Are there many TDMA/GSM WLL contracts Bill? Many cdmaOne handsets are on the market from several suppliers. Iridium joins CDMA Development Group?!!! What? Oh, maybe they are just spying? Richard Bliss arrested by Russian Intelligent Military. All that scary GPS stuff! Europe considers arresting cdmaOne spies. GSM people getting desperate. Eudora plus "Anita"-TM, with W-cdmaOne threatens Wintel empire and IBM/Apple etc. Bill G. ignores Qcom = oops! Qualcomm sales exceed $2bn. Orders exceed $2bn. Notice a trend Bill F? Qualcomm solves heavily loaded cdmaOne system problems with "CURRENT PRICE IS...." auction software. cdmaOne heading for 30 erlangs per bushell. Not there yet Bill, but the technology is lining up. 10x analog easy now. What a trend! Okay, gotta go. If you're closing it up Bill, thanks for the forum. Happy Xmas all. 1998 is really going to be bad for Ericsson! But good for cdmaOne in general and Qualcomm in particular.