Qualcomm Incorporated (QCOM) Message Board

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To: Art Bechhoefer who wrote (130279)	7/23/2003 11:58:07 AM
From: limtex	Read Replies (2) of 152328

Art- The wireless industry is effectively ex-growth. The dream of 1x and ev-do ever driving the stock back above $40 is imho over. Yes they will carry on doing very well in unit sales but prices are going to fall from now until the cows come home. Thats life they just took too long to get it going and now a really cheap competitive technology has come along and it will not finish the cellular industry off but it will eats most of its data lunch and a good bit of tis voice lunch sooner or later. That hasn't been lost on investors and that why the stock just doesn't go anywhere now for over three and a half years. Maybe it will spike up again for a couple of months at some stage in the future but it can just as likely spike down Whats the point where is the upside? Best, L b