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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

+1.0%

Nov 24 3:59 PM EST

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To: marginmike who wrote (32343)	6/15/1999 10:20:00 AM
From: gdichaz	Read Replies (1) of 152472

First the news, then the chuckle (in italics added by me) Ericsson announces its membership in the CDMA Development Group (CDG) at the organization's Fourth Annual CDMA World Congress in Hong Kong, June 14-18, 1999. This membership signifies Ericsson's commitment to support the development and deployment of cdmaOne technology worldwide. In addition, Ericsson will participate in standardization and development efforts to ensure a smooth evolutionary path to third generation services with cdma2000. "We are excited to be an active member of the CDMA Development Group and believe that our expertise will prove to be beneficial to the organization," said Ake Persson, head of Ericsson's CDMA Systems business unit." Note the graciousness, and old world modesty of the Ericsson statement. Rough translation, you folks are damn lucky to have us join. You need our expertise in CDMA. Chaz Yes, the fox is in the chickenhouse. But unlike most chickens these are very very very smart.

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