Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ricky G who wrote (8671)	2/19/1998 12:13:00 PM
From: Caxton Rhodes	Respond to of 152472

QUALCOMM MEDIA ADVISORY CTIA's Wireless '98 February 23-25, Atlanta -- NEWS ADVISORY -- TO BUSINESS AND TECHNOLOGY EDITORS: QUALCOMM MEDIA ADVISORY CTIA's Wireless '98 February 23-25, Atlanta 'The Quickest Way to Data' Press Conference WHO: Press Conference with QUALCOMM CEO and Chairman Dr. Irwin M. Jacobs WHAT: Dr. Jacobs will unveil QUALCOMM's strategic wireless data initiatives and other announcements from QUALCOMM's business units. WHEN: Tuesday, February 24, 7:30 a.m. EST WHERE: Georgia World Congress Center, Room 367 West HOW: If you are not attending Wireless '98, you can call in and listen at 7:30 a.m. EST to 1 (888) 364-8748 Please visit QUALCOMM at booth # 2539 CONTACT: Christine Trimble, Corporate Communications for QUALCOMM, Inc., phone: 619-651-3628, fax: 619-651-2590, ctrimble@qualcomm.com Copyright 1998, PR Newswire

To: Ricky G who wrote (8671)	2/19/1998 5:42:00 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 152472

Ricky, I assume the personnel department are as capable as the rest of the organisation, so if you have received a job offer, then I expect you should simply take it. If the salary is fine then you don't need to think much more. Stock options would be even better than pay. San Diego is the second best city in the world give or take a bit of traffic and the odd drive by shooting. Your skills and ability are apparently what the company wants and they will have a multitude of places within which you can work. With the sky the limit in terms of promotion opportunities. You can work in any country on earth. You are at the leading edge of one of the most important technological developments the world has seen. Even my son, who is pretty critical of where he might spend his efforts was impressed by Qualcomm and is thinking of them as a possible partner in the economic side of life. Irwin Jacobs, Andrew Viterbi, Harvey White, Klein Gilhousen and the rest seem to be admirable people and they set the tone of the company. The share price is a joke! Don't read anything into the current slump because of Ramsey's chickening out over a few Korean and other speculators in a few countries between longitudes 105 and 135 deg. Qualcomm is a bargain at present. It took a while for most people to worry about the speculation problems in these countries, primarily in my very humble opinion because most westerners see Asia as a huge ant's nest, separate from their own world. Poor and prone to colossal disasters with millions dying. Gradually it dawned on investors that maybe things were a little different these days. Then they panicked in the opposite direction and imagined that it really had collapsed, the countries were in financial ruins and production was ceasing. And omigod, Qualcomm had a big chunk of business in Korea, which could be called the home of the commercialisation of CDMA. The very core of CDMA was collapsing. Sell sell sell!! Well, there are 6 billion people on this planet and quite a few sheep and cows too. The sheep need CDMA communications to know when to come in for shearing and the cows for milking time = they get confused with daylight savings. In Korea, Indonesia, Taiwan, Hong Kong, Singapore there are a couple of hundred million people. That leaves 5.8 billion or so. They all have ears [give or take a few boxers], they all like to talk, unless they are OJ Simpson in the dock and phones are costing less and less. A few days ago I was in Japan and the planes are full, the cellphones are like confetti in the streets, the people are happy and productive. A few people have jumped off buildings and lost their investments. Koreans have cancelled some overseas trips - they have to stay home and produce now that their wealth effect of imagined capital gains have gone. Tourism is way down from Korea. Good. They can buy cellphones and get back to work. Meanwhile, Qualcomm is increasing their available shares. They have hundreds of millions in the bank. They are arranging credit lines. They are considering ways of helping their customers in Korea. The best way is to offer LG, Samsung or whichever is in trouble, some money in exchange for shares. Or buy them outright. I bet Qualcomm comes up with something like that. Or the Korean cdmaOne companies will simply recover and continue. In 1987, the stockmarket crash seemed large. Try and find it on the Dow graph now [without looking at the dates]. Same for this Korean and Ant's Nest problem. Japan is printing hundreds of billions in dollars. So is the USA. So are some others. That won't mean inflation due to oil wayyyyyyy down at $12.60 because there is heaps of it and technology is making amazing cost savings in all areas so prices should really be falling heavily. People worry that that is deflation as though it is bad. Well, calculators when I threw away my slide rule were more expensive than MMX330 computers are now. Believe it or not, that is good. Some people have difficulty with that concept, but I like cheap things. So the recovery will be quick, economies won't collapse, there is enormous hidden inflation and the money printers are having the biggest feast in human history and the Dow will carry on climbing with people not even knowing why. Qualcomm will be one of the leaders - although it isn't actually in the Dow, but let's not be picky. So, have fun with Qualcomm. I guess it will still be work. But imagine working for Ericsson. Mqurice Dow 16000 Feb 2002 PS: Caxton and whoever, I wish to express my appreciation for that delicious wine, one of which I shared with Tarken's host family in Japan on the way home. He lived with them for a year and we had their son for the same period. I'd never met them. They are wonderful people. Not at all like ants though the trains tend to be crowded. Thanks Caxton. And special thanks to Ramsey for organizing the after match functions. It was a pleasure to meet you all. Sorry it was such a rush, but survival called.

To: Ricky G who wrote (8671)	2/19/1998 10:56:00 PM
From: recycled_electron	Read Replies (1) \| Respond to of 152472

Good points -- you'll get the chance to create something wonderful!! Bad point -- you'll working very hard at it :-) Kidding aside, great company, great work environment, and certainly the best damn weather in the world (the last few weeks don't count ;-) -Sudeepto