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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.32

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Dec 8 3:59 PM EST

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To: JMD who wrote (9086)	3/9/1998 7:56:00 PM
From: John Cuthbertson	Read Replies (2) of 152472

Mike, A comment about the "CDMA Vs. GSM" article that you posted from the LSI thread on Saturday. The article repeatedly mentions the idea that some carriers (especially smaller ones and those in less developed countries) will choose to go with GSM because of its "time-to-market" advantage. It seems to me that the results of the roll-out of digital cellular and PCS services in the U.S. clearly demonstrates that there is no such advantage for GSM. The GSM vendors certainly touted that as an advantage, but it utterly failed to materialize. In fact, I think that the results would point to CDMA systems as having had better time-to-market performance. The author seems not to have examined whether this claimed GSM advantage actually exists; this makes me question how well she has done her homework. One interesting point: if the numbers in the article are right, CDMA systems are already ahead of GSM systems in the U.S., with 1.5 M vs. 1.2 M subscribers. ==John

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