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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.98

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Jan 2 9:30 AM EST

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To: Craig Schilling who wrote ()	11/20/1999 10:33:00 AM
From: Zeke	Read Replies (2) of 152472

This from the San Diego Union-Tribune Saturday 20 November. A nice article from Mike Drummond the Union's business staff writer. "Executive ego and a desire to obtain better licensing concessions may be driving Ericsson to dispute the purchase price of a business unit it bought from Qualcomm". "One analyst linked the new dispute to alleged troubles Ericsson is having with the development of "Edge," a still-experimental way to deliver high-speed data and the internet connections through GSM and TDMA. If Ericsson is having trouble developing Edge for GSM and TDMA networks, it may be forced to use Qualcomm's CDMA technology" "For years, Ericsson, under the leadership of Lars Ramqvist, bashed Qualcomm's technology" first as an impossibility, then as a toy". Ramqvist handed over the reins to Sven-Christer Nilsson, a CEO who struck a more conciliatory posture toward CDMA which led to the truce this year. Nilsson unexpectedly stepped own in July and back came Ramqvist. Engineering-wise, Ericsson's a strong shop".. "but they had to eat a little humble pie with this sale and this could be a little payback". Sounds right doesn?t it.

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