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


To: Nancy Haft who wrote (18598)11/19/1998 8:31:00 PM
From: SKIP PAUL  Read Replies (3) | Respond to of 152472
 
What is happening to QCOM today is reminiscent of what was happening to ERICY in 1993. Almost all the analysts had a negative rating on the stock. ERICY was working on GSM and TDMA and was selling at $5/ share. The stock rose 7 fold over the next 3 to 4 years. I dont believe the analysts are that stupid. Most public pronouncements of analyst opinions are meant to be manipulative. Why else would they be giving up their analysis for free?



To: Nancy Haft who wrote (18598)11/19/1998 9:00:00 PM
From: Jon Koplik  Respond to of 152472
 
Off topic - WSJ's wrap-up regarding meteor shower :

(This is not real interesting, but you won't know that until you waste your time reading it).

*******************************************

November 19, 1998

Leonid Meteor Shower Leaves
Orbiting 'Birds' Untouched

By RAJU NARISETTI
Staff Reporter of THE WALL STREET JOURNAL

They came, few saw them, and off they went.

The peak of the Leonid meteor storm, the worst space hurricane in 32 years,
appears to have passed by Earth without any noticeable impact on the 600 or
so satellites orbiting the planet.

After weeks of preparation and being in a state of high alert for possible
damage to their "birds," satellite owners around the world began relaxing on
news that the storm wasn't as intense as feared and has apparently caused no
noticeable problems to satellites.

"We were prepared for the worst and were pleased the [meteor] shower did
not directly threaten our space assets," said Major General Gerald Perryman,
commander of 14th Air Force, which encompasses all U.S. Air Force space
operations. "We proceeded on the side of caution to protect those assets and
are pleased to report that our space forces are on-station and healthy."

Commercial satellite operators, including GE American Communications Inc., a
unit of General Electric Co., and Intelsat, which operates a network of 25
satellites, also gave clean bills of health for their satellites, which are used by
newspaper, telephone, cable TV and other companies to transmit signals.

Scientists and meteor trackers reported a dazzling display of light in skies over
Asia, where they had a ring-side view of the storm's peak. Daylight made the
meteors invisible in most of the Western Hemisphere.

The Leonid is made up of debris from the Temple-Tuttle comet. Because Earth
ran into the debris just nine months after the comet blew by the sun, creating a
plume of sand and dust, the debris was considered potentially dangerous for
sensitive instruments on satellites.

Most satellite operators said they powered down unnecessary onboard
electronics, avoided special maneuvers and in some cases protected sensitive
panels by moving the satellites around.

"We always knew that the probability of anything happening was pretty low,"
said William Ailor, director of Aerospace Corp.'s Center for Orbital and
Reentry Debris Study, who was among the first to warn companies about the
Leonid. "The idea was to make sure people were prepared," he said. "Who
knows, the precautions might have actually helped."

Mr. Ailor said it will take several months for various teams around the world to
analyze their data, at which time they might find there were "subtle effects on
satellites."


Copyright © 1998 Dow Jones & Company, Inc. All Rights Reserved.