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

To: Sawtooth who wrote (14146)	8/26/1998 2:12:00 PM
From: John Hayman	Respond to of 152472

Tim, Jubak had about 20 picks awhile back, only 4 in the money. One of the four was up a lot, but the other 16 of were in the red. So, maybe he is wrong again! later, John

To: Sawtooth who wrote (14146)	8/26/1998 2:13:00 PM
From: Jon Koplik	Respond to of 152472

It's too bad that not everyone has my attitude regarding things having anything to do with Microsoft -- ignore them and/or do not use them, if feasible. Jon.

To: Sawtooth who wrote (14146)	8/26/1998 4:12:00 PM
From: Ingenious	Read Replies (2) \| Respond to of 152472

First my prediction: In the event of a >10% correction (some people call a Bear market) Qualcomm may trade as low as 30. Otherwise, Qualcomm may go as low as 35 for natural causes outlined below. (At either point, I would be a buyer because long term they will succeed) Asia contagion has eventually going to catch up with Qualcomm and Jubak's recent cut is not really a suprise. It was Qualcomm's strategy to sell CDMA to emerging countries because there was less infrastructure to deal with and therefore it was a "clean slate" to sell these countries new equipment. Clearly, it is more difficult to sell new technology that fits over old technoloyg because of incapatabilities. As a result of this strategy, Qualcomm is counting on the Asian countries. Problem is Asia is rioting, fighting, and entering (in?) a deflationary/recessionary period. Japan is propping up the Yen; Malaysians are rioting;etc.. Call it bad timing or politics but the Qualcomm ship is committed to a course that a simple "tack" will not correct. IMHO Leland