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

To: Maurice Winn who wrote (22245)	1/29/1999 11:17:00 PM
From: Ruffian	Respond to of 152472

I had To Post This "JOKE" From Yahoo, Enjoy> Allan by: lookingbutnotnow 14252 of 14252 I guess you simply cannot stand the fact that 3 different people could post humble opinion on this board contrary to Q's fate. There is no conspiracy to dispose Q on this board. I believe that this board positively represents the physco-drama that is played out on Q's stock each day. I don't think Q has a long range strategic plan other than making the world safe for CDMA and spending themselves silly trying to prove that everyone was wrong about it. They have not concentrated on profit margins until recently but still do not have a clear market focus yet. I believe in the short run Q's steps to cut costs will please wall street. But they still do not have a strategic plan other than making the world safe for CDMA. What is Q? Royalites? ASICS? Handsets? Email? Omnitrucks? Infrastructure. Service Operator? Software developer? Financer to the CDMA world? Its a total hodge podge. Its all and everything and it will fail without focus in the long run because they do not have enough money to fund all the dreams and schemes anymore, and they are bleeding in some divisons. This next quarter the morale will go down because of the layoffs, and the realization that Q is just another company trying to make a buck on telecom. What market is Q going to be #1, #2 in? Don't give me a bunch of BS about being #1 in CDMA thats a technology not a market. In the phone divison according to Dataquest they trail badly and are losing market share. Euroda is a joke. What about chipsets? Can they maintain the lead there? Will/can they develop other Comm chips complimentary with CDMA but with no CDMA functions? They better decide quickly where to focus or its deadsville. Right now, the earnings pump is is going full tilt. Q can't borrow more money or issue more equity until they get the earnings up. Yet again another reflection that Q is short term oriented. No strategy.. Hey guys we need some funding. Lets jack up the earnings so we can split the stock and issue more equity...hey lets sale a divison if we can get the "price right"...gee we don't breakout those losses in that division..gosh the G* contract is over? what will we do with all those people.hey lets spin this out..hey whats for lunch and everything...a bunch of brilliant engineers running the company as a lab will not cut it anymore. If things don't change soon...I'm afraid it will remain a laughing stock.