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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 136.33

-8.4%

3:59 PM EST

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To: Jon Koplik who wrote (513)	7/9/2000 5:18:11 PM
From: foundation	Read Replies (1) of 197610

"...they prefer to adopt the wireless-code-division-multiple-access, or WCDMA, technology from Finland's Nokia Corp. and Sweden's Telefon AB L.M. Ericsson rather than Qualcomm's CDMA2000 technology. All three companies,however, said their preferences may change. The main reason appears to be cost, they said. Qualcomm holds patents for both WCDMA and CDMA2000, but officials at the three companies said Qualcomm asks for higher royalties than Nokia and Ericsson. "It would save us money to use Nokia and Ericsson's technology over Qualcomm's if we decide to use WCDMA," said Won Hong Sik, a spokesman for SK Telecom. ---------- This rationale makes no sense. Literally. Why say this? The reason for them to do this for roaming (telecoms) and getting a piece of Europe's and Japan's 3G handset market (Samsung, Hitachi). ---------- "When the companies place their bids, each bidder must decide whether it is going to adopt the CDMA2000 or the WCDMA technology," said a spokesman at the ministry. "So we will know [in] September what technology each company will choose." ---------- So, this generally meaningless opera will stretch on for months.... The stock will be played hard. ---------- regards, blg

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