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Update Qualcomm (QCOM)

posted on November 18, 2009 at 1:10 pm

Talk is just talk. Even, or maybe that’s “especially,” when it’s from a company’s CEO.

But it can still give investors a sense of where a company thinks it’s headed.

Take, for example, the talk from Qualcomm (QCOM) CEO Paul Jacobs in Hong Kong on November 18.

Jacobs told reporters that Qualcomm hopes to sell a fourth-generation chip based on the TD-LTE standard, China’s home growth cell-phone technology in China in 2010.

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