Qualcomm - Titanic of the wireless industry? Message Board

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Technology Stocks : Qualcomm - Titanic of the wireless industry?

QCOM 173.64

+0.8%

Feb 18 9:30 AM EST

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To: veritas501 who wrote (82)	4/11/2010 2:44:28 AM
From: veritas501	Read Replies (1) of 116

The CDG came out with the subscriber data for 2009. Drum roll please: still no billionth CDMA subscriber. Of course, Latin America declined AGAIN for the 3rd year running, from a max of 72 million in 2006 to 36 million at end of 2009. And this with 3G and EV-DO. But who cares, right? As long as the poor saps in the stock market keep buying overvalued QCOM stock, all is well in the world. Europe was up by 1.8 million subs for the year, the same number GSM adds in about, what, 5 minutes? Haha -- at least the CDG is honest. It put Middle East sub growth at 990,000. Kind of like buying a lie detector for $9.99.

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