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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 163.32

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Nov 21 9:30 AM EST

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To: Gregg Powers who wrote (331)	7/29/1999 6:14:00 AM
From: Mika Kukkanen	Read Replies (1) of 13582

Gregg: No, GPRS will not require a complete network overbuild. It is commonly misconceived that it will and would like to know where you got this misinformation. The costs of rolling out EDGE on top could be comparable to overlaying cdmaOne, which would also require new handsets too and at the cdmaOne stage has less data capacity. Problems would also come (in mature markets) by having several technologies within the same spectrum - most used/deployed spectrum in the world is at 900Mhz (GSM, NMT, TACS). For global strategies, it is hard to magine the scenario you portray and the US is not a big enough market to rely on (see Lucent and Motorola's demise in the 2G market). Although I agree with the assumptions of the advantages of cdma2000, it is more applicable in the US environment than elsewhere (i.e., the lack of new spectrum -FCC wants 2G and 3G in the same spectrum). This is where rumours are coming about some operators (only US) that are looking at cdma overlays, although as I stated they are rumours at the moment. Mika

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