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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.08+2.3%1:52 PM EST

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To: Craig Schilling who wrote ()6/7/2000 6:48:00 PM
From: q_long   of 152472
 
FRom the rocket board..Below is a response from WSJ journal concerning email I sent them yesterday. Only change was to
delete my name from email.

----- Original Message -----
From: Forney, Matt <Matt.Forney@wsj.com>
To: xxxx
Sent: Wednesday, June 07, 2000 2:09 AM
Subject: RE: Analyst Says Wall St. Journal Got it Wrong - Re: QCOM

> Dear Mr. xxx,
>
> I never reported "the death of Qualcomm's CDMA in China." I, too, wrote
that
> the company says it plans to roll out cdma2000. Also, Mr. Drummond seems
to
> imply that my unnamed Unicom source is unreliable. In fact, as I
reported,
> that source was quoted in China's state-run Xinhua news agency, which is
the
> Communist Party's mouthpiece, so if it appeared there it can be considered
> government policy.
>
> regards, matt.

Mark Roberts, analyst with
> First Union Securities Inc., said The Wall Street Journal "has it wrong.
> "Unicom is definitely interested in CDMA2000 and plans to do field trials
in
> the first half of '01, with deployment later," Roberts said. "Unicom has
> told me there's no change in their agreement (with Qualcomm), and are very
> interested in CDMA ... and are interested in deploying sooner rather than
> later." News reports suggest that Qualcomm's CDMA has become a political
> football kicked around as China tries to gain acceptance into the World
> Trade Organization, the Geneva-based group that sets global trade rules.
> The reports say that China's interest in CDMA waned when the U.S.
government
> stalled China's entrance into the WTO.
> Roberts agreed that CDMA has been a collateral victim in China's battle
to
> gain
> WTO status, as the country tries to appease conflicting interests of
U.S.
> and
> European wireless companies. Wireless networks in China use global system
> for mobile communications, or GSM, an older technology developed in
Europe.
> Industry observers generally agree that future or 3G wireless networks
will
> be based on CDMA. Still, Roberts sees China walking a fine line between
> embracing technology born in the United States, while trying not to offend
> Europeans. Meanwhile, Qualcomm has put on a brave face.
> "We believe CDMA will be deployed in China," said spokeswoman Christine
> Trimble. "It's a question of timing, though. "From the discussions we're
> having . . . including with Unicom, we remain optimistic," she added.
>
>
> -----Original Message-----
> From: xxx
> Sent: Wednesday, 07 June, 2000 13:09
> To: Forney, Matt; Tam, Pui-Wing
> Subject: Analyst Says Wall St. Journal Got it Wrong - Re: QCOM
>
>
>
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