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


To: SKIP PAUL who wrote (14139)8/26/1998 1:11:00 PM
From: Anthony  Respond to of 152472
 
It is Okay with me. Can't wait until the stock trade in the high 40's I'll buy Qcom big time. The effect of spinning of Spinco will do great for the stock for the next 6 months and on.

PS. My prediction Qcom 85 by December. This prediction had to be better than Maurice's ;0)



To: SKIP PAUL who wrote (14139)8/26/1998 1:28:00 PM
From: SKIP PAUL  Read Replies (3) | Respond to of 152472
 
Other reasons for the stock being weak could be:

Investors do not want a taxable event with the Spinco dividend.

QCOM's interest in Globalstar is taking a hit both as a supplier and as an investment. Does the world really need satellite Phones when nationwide roaming on the cellular network only costs 10 cents a minute?



To: SKIP PAUL who wrote (14139)8/26/1998 2:02:00 PM
From: Sawtooth  Read Replies (3) | Respond to of 152472
 
To all questioning why the Q is dropping (gen. mrkt considerations aside):

Jim Jubak at Microsoft Investor dropped Qcom from his "Jubak's Picks" yesterday (8/25) noting ...snip!...Because Qualcomm (QCOM) is counting on doing a lot of business in Latin America, the recent spread of the Asian flu to the region raises the chance that the company will issue a warning or disappoint in earnings....snip!...

I am not familiar with Jubak's detailed track record. His articles are frequently interesting, including the article on Qcom when he added it to his picks and the recent article on sats. Regardless, it seems that a significant amount of ind. investors follow Jubak on a regular basis.

FWIW.