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

To: Tae Spam Kim who wrote (7982)	2/5/1998 6:45:00 PM
From: sag	Respond to of 152472

When the fear of loss is highest , the risk of loss is lowest! Short term thinkers move markets(short term), Investors make fortunes!

To: Tae Spam Kim who wrote (7982)	2/5/1998 6:45:00 PM
From: JMD	Read Replies (3) \| Respond to of 152472

Tae Kim, what irony that a new poster comes to the Q board and graciously shares his fears and concerns of institutional dumping and offers to transcribe the conference call for those of us incapable of comprehending the mysteries communicated therein. Congratulations on your "lucky" short, love to see your trade confirmation. I guess short-hyping the stock at this juncture to beat the panic drums is a time honored ploy but doing it while wearing a sandwich board to hustle your stock letter is cloying to the point of nausea. A 22 year old that has nailed 65% annual stock returns, sorry, call me underwhelmed (and do it on a CDMA phone if you know what that means) Mike Doyle

To: Tae Spam Kim who wrote (7982)	2/5/1998 7:51:00 PM
From: Charles Morrison	Read Replies (2) \| Respond to of 152472

If you want to promote your reputation and/or your market advisory service, I suggest that you announce your trades a day or so ahead of time, instead of after the fact. This avoids the implication that you might have "past posted" the transaction. If, in the future, you can consistently (IN ADVANCE) call twists and turns in QCOM stock, or for that matter, any other stock, as astutely as you purportedly did today, then I am confident that your market service, your credibility and your bank account will all become greatly enhanced.

To: Tae Spam Kim who wrote (7982)	2/5/1998 7:53:00 PM
From: Stewart V. Nelson	Respond to of 152472

Tae I listened to the call also and want to add my assessment of the long term significance of this announcement. Management warned that Q2 EPS will be flat from Q2 last year. Earnings will possibly be impacted for Q3 also, but they said "earnings visibility" out that far is poor. (Less certain) They also stated the growth rate of CDMA world-wide remains strong. Consequently, "there is a good possibility" revenues will be up even from Q4. Back log remains the same. The problems is margins on hand set sales are dropping. That is probably why they are laying off 700 workers. An additional problem is "push-outs on ASIC's orders. They would not comment on the magnitude of the order cancellations. The future remains bright for Qualcomm despite this "Fisher glitch". The Price to sales ratio is currently only 1.7 and probably will improve tomorrow! They will still do over $3 Billion this year. I will be buying on the inevitable dip in the morning. I am long QCOM and have been for many years. This too shall pass. The technology is superior and lower costs will only help "tip" QCOM's market share higher. Just my opinion. Regards Stewart V. Nelson