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

To: dougjn who wrote (8107)	2/6/1998 9:07:00 PM
From: JMD	Read Replies (2) \| Respond to of 152472

doug, wasn't trying to be unfair at all and you have persuaded me that the Q's management team, at least in retrospect, could have used the euphoria surrounding last Qtr's earnings release to issue some cautionary statements. Here's how I see it as a past entrepreneur of a company about one zillionth the size of the Q. When we were the new kid on the block, I determined that we absolutely had to have a flagship customer, a bell cow, that used our stuff (software) so that all the rest of the market would say, wow, it works there, it could work here. It's all about credibility with a capital C. For the Q, Korea was that bell cow. Well I'll just say that when your bell cow just got a case of hoof and mouth, it's a real bitch. So in addition to "speed of the crisis" , "Oriental Inscrutability", I would add that it must be damned near psychologically impossible for the Q to fess up. That's why I hope that this is the wake up call to get this great company pointed to the rest of the world--a shock like this is just what the doctor ordered. How's that for wild-eyed optimism? Hey, they don't call me the lemon ade from lemons kid for nuttin. Kind Regards, Mike Doyle

To: dougjn who wrote (8107)	2/6/1998 9:17:00 PM
From: Jeff Jordan	Respond to of 152472

Well, I would have thought this could have made a larger effect on the market today given its height.http://207.95.154.130/chart/default.exe?PERIOD=120&time=day&chart=candle&chart1=ma&volume=y&rsi=y&stochastics=y&momentum=y&symbol=%24INDU It doesn't seem the market needs that much of a reason to correct in the current climate. Perhaps is the chance/threat of war keeping it up?<g> Clearly QCOM is holding some great cards. Korea will be back faster than Japan!!! Again WS is over reacting IMO. Jeff