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

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To: Ramsey Su who started this subject	12/2/2000 4:11:13 PM
From: Kent Rattey	of 197082

NO CHEERLEADING Is gloating allowed??? Qualcomm applauds AT&T move By Bruce V. Bigelow UNION-TRIBUNE STAFF WRITER December 2, 2000 Was Qualcomm gloating yesterday? The long-anticipated news that AT&T Wireless has established a far-reaching plan to move to next-generation wireless networks prompted San Diego-based Qualcomm to issue a news release that applauded the decision. Some investors, recalling AT&T's long-standing hostility toward Qualcomm's CDMA technology, wondered if Qualcomm was crowing just a little. Qualcomm pioneered the development of CDMA, or Code Division Multiple Access, and promoted its digital wireless standard as technically superior to Time Division Multiple Access, or TDMA, the technology preferred by AT&T. Until now, that is. On Thursday, when AT&T said it was selling 16 percent of its wireless business to NTT DoCoMo of Japan, the company also laid out plans to create a subsidiary to develop a new, high-speed wireless network built to global standards for "third generation" wireless services. "AT&T Wireless plans to be one of the first major companies in North America to deploy such a network based upon . . . WCDMA (wide-band code division multiple access)," the company said. Qualcomm spokeswoman Christine Trimble said Qualcomm issued its response "to clarify that Qualcomm would benefit from the deployment of CDMA technology." Any gloating is just incidental, right? "We're happy to see any operator adopt CDMA technology," Trimble replied.

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