CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 172.98

+1.1%

Jan 2 9:30 AM EST

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To: Maurice Winn who wrote (42)	4/18/1996 10:34:00 PM
From: Ramsey Su	of 1819

Maurice, more stuff from Reuters. Bell Mobility selected Nortel for CDMA/PCS. Expects to deploy $225 million in next five years. CDMA is getting firmer grounds in Canada now.Bell Mob is a subsidiary of BCE Mobile Communications. The most significant part of this news is that Bell Mob has a choice and they have chosen CDMA. This further removes the doubt about whether CDMA will ever be commercially deployed. We, of course, never doubted that it will work. Bill, I am with Maurice and wish you the best of luck. Whether you get in at 25, 30 or whatever is of no consequence to us. I agree with you on 25, as the most obvious support level. If it gets there, I probably will pick up some more. If the market is logical, QCOM should show its true feathers (via earnings) by the end of this year. What happens in between is anyone's guess. I am in and will stay in. When the stock hits 100, what's the difference between buying at 30 versus 25? Ramsey

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