Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

3:59 PM EST

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To: Daniel Simon who wrote (38250)	8/19/1999 10:21:00 AM
From: Cosmo Daisey	Read Replies (1) of 152472

Daniel, The recognition of Q* by the investment community comes from several events: Erickson of Sweden is one of the largest phone companies world wide. They downplayed CDMA technology and pushed GSM, the european standard and TDMA. They said CDMA didn't work. After settling their lawsuit with Q* and buying a money losing equipment division from Q* they now are promoting CDMA and even claim they invented it. The market for cell phones is huge. Only about 20% of the earth has phone coverage of any kind and about 30% of the people on earth have actually made a phone call. CDMA cell phones programmed to roam on the new Globalstar (GSTRF NASDAQ) satelite network will give world wide coverage. GSTRF is CDMA technology that competitors said wouldn't work and its too costly to put all that equipment in space. GSTRF is putting the equip in ground base stations and the satelites are mostly for antennas'. IRID satelite phone system backed by Motorola using TDMA technology is in bankruptcy. MOT spun the division off but continued to back them because of equipment sales. The system has been plagued with numerous breakdowns and its too expensive to use and has large areas of the planet that don't have coverage. GSTRF will instal satelite pay phones in areas of the world that don't have any phone coverage. Some villages have one IRID satelite phone for their entire phone company. Residents pay the owner to make their calls, imagine your town with only one phone. ATT cell phone system is old technology, most baby bells are using old technology. When those old technology firms start seeing customers fleeing because of unreliable service and dropped calls they will swith to CDMA and buy the technology from Q. Think about ATT's nationwide system that will need to be changed. NXLK is building a nationwide CDMA wireless/fiber optic network that will compete with the local phone companies for local and long distance. Within five years you may not have a phone wire on your house. One cellular service that includes data, local, long distance, maybe even TV. Long distance will be free. Sprint PCS has free long distance now. Many countries that have antiquated state run cell phone systems are opening up to competition and specifying CDMA technology. Qualcom owns the major patents that impliment CDMA technology. Q will benefit from the explosive expansion of the world wide phone system with technology sales, chip sales, equipment sales, phone salesQ* is in its infancy and the next 10 years will see explosive growth. Buy and hold, buy the pullbacks, buy the runups. cdaiseyPhD@answer-the-phone.com

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