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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.31+1.9%Jan 5 3:59 PM EST
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To: Robert who wrote (25221)3/26/1999 1:37:00 PM
From: Peter J Hudson   of 152472
 
Robert,

I just listened to the cc and Dr. J was very clear that the Q will receive royalties on 3G regardless of whether it is CDMA2000, W-CDMA
or some new variant. He also said if I understood correctly that the royalty rate would remain the same as it is for CDMAone. He indicated that an extension of the license would be required, I assume for a one time payment, but royalty rates would remain the same. I think this means that early adopters of CDMAone will enjoy more favorable rates going into the future.

Pete
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