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


To: Valueman who wrote (13615)8/12/1998 4:51:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
The Comsat news sounds (to this person who skimmed, but did not actually read the entire post) like more good news for QCOM (that no one, of course, cares about).

Jon.



To: Valueman who wrote (13615)8/12/1998 6:18:00 PM
From: Maurice Winn  Read Replies (2) | Respond to of 152472
 
Now that's a shot across the bows of the SETI crowd; "Sorry Mr Comsat, but until you don't have privileges and immunities complements of the Inmarsat government ripoff gang, you don't get to sell stuff in our place".

SETI will read "Sorry Mr SETI and EU, but if you aren't going to recognize our Medal of Technology winner's patents and right to specify the use of their technology, you aren't going to sell anything here. You just go ahead and think about it while we check out what Ericsson, Nokia and other co-conspirators own in the USA."

Meanwhile, D E Shaw and Co have enjoyed a little roller coaster with Q.com. Sic em! This is your chance folks. I went to listen to Krugman last night at Auckland University. Packed out and I ended up sitting in the projection room peeking out through the glass. Three other theatres were full. He didn't get up to what he thinks should be done, about Asia - that's tonight. This time I'll get there an hour early and read a book. Your average Kiwi [who incidentally doesn't really have a government now since the coalition deal fell apart last night] seems to be taking a pasting over this Asia crunch up. What was interesting about Krugman's lecture was that it followed our earlier ***more on money*** discussions almost to the letter. So, my conclusion is that my conclusion remains okay and this is a margin cleanout for the USA, same as in the 1996 swoop down to 970 Nasdaq. So, buy the dip folks! Qualcomm is a trader stock and $55 is a bargain. $80 in 19 days! Oil down to $11.20 per bbl. My old company BP Oil has bought Amoco. The Fed has got the go ahead now to do a print-up with the Dow in a funk. cdmaOne phones are selling like hotcakes in Korea, Japan, USA, Canada [the tourists are staying home and buying a cellphone].

I have to say that now that I hear Krugman in person, instead of interpreted through a newspaper, he sounds more convincing. Cancel my 'Krugman was wrong' comment until further notice! One of his key points is that these financial crises are precipitated by mass psychology. Hence the sudden crisis, as pressure builds for some time through non-performing investments or gradual foreign reserve depletion, then there is a sudden rush for the exits.

Krugman is an MIT economics professor, lecturing here for a few days.

Mqurice
No worries! Dow 16000 Feb 2002, Q.com $80 31 August 98, cdma2000 rulz ok. This is just a delayed USA reaction as they realize they are on the same planet as Asia and a few margin riskers are cleaned out. Hopefully not TOO many!

John, how come you can't spell your name correctly?