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

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

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To: Ramsey Su who started this subject	6/20/2002 1:08:51 PM
From: q_long	Read Replies (1) of 197146

Not sure how credible this is..11:11 ET China Unicom may sell its CDMA network-- Lehman : Lehman says that NOK mgmt hinted that it is possible that China Unicom could reevaluate its CDMA strategy, possibly by selling the struggling networkin order to focus exclusively on its healthy GSM biz (checks suggest that Unicom is considering this as well); if this were to occur, it would be negative for CDMA wireless equipment names such as LU, NT, MOT, and QCOM,as there would likely be period of substantial slowdown in network investment. Briefing.com notes that comm IC suppliers such as AMCC and VTSS may be affected as well.

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