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


To: Ruffian who wrote (13183)7/31/1998 4:27:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
To all - so ... some irritating person dared to have the last trade on QCOM be one of those 32nds quotes. Now, in addition to the net change being incomprehensible all day Monday, some July month end brokerage statements (depending on what day they use as "last day of the month," and whether they use the last "print" or not) will also have that dumb number.

Glad to see that Qualcomm "staved off" the selling torrent today.

Jon.



To: Ruffian who wrote (13183)7/31/1998 10:05:00 PM
From: Renby Cage  Read Replies (3) | Respond to of 152472
 
From James Edson, qualcomm vice president for Latin America re: Brazil auctions:

<<<< "I wasn't expecting to lose," Edson said. "We were in this for real. Clearly we took this process very seriously, as demonstrated by the fact that we were the second-leading bidder in two of the properties.

"But this is not a setback. We will participate very actively in the
Brazil market."

Edson said the company may bid in two other auctions scheduled for later
this year and next. The Brazilian government plans to auction three
long-distance companies to compete with yesterday's winners and will
also sell digital wireless licenses next year.

"We're going to look at that as a possible option for us," Edson said.

He added that the company may look into partnering with some of
yesterday's winners, and said he's confident many of those companies
will choose CDMA. >>>

I love these quotes. "I didn't expect to lose", "We're in this for real", "we'll be back to fight another day". Sounds like a company that won't be denied.

Personally I think these last few months have seen the very beginnings of qualcomm's emerging position as a true power broker in this industry. It wouldn't surprise me if the company rides it's IPRs all the way to the number one position in wireless 5 years from now.

Renby Cage