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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.18+1.1%Dec 18 3:59 PM EST

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To: Pete Jackson who wrote (40850)9/14/1999 9:29:00 AM
From: slacker711  Read Replies (1) of 152472
 
QUALCOMM is considering several strategic options for its terrestrial-based phone business that currently holds an industry leading position in CDMA handsets. With increased competition, parts shortages and industry consolidation reducing margins in consumer products, QUALCOMM desires to transition the business to a manufacturer that will support its customer base and employees while providing economies of scale, a strong purchasing base and other operating efficiencies. Discussions are underway with a number of companies that have expressed interest.

Let the analysis begin....Who and for how much. Personally my first reaction is that I am rooting for a JV rather than an outright sale.

Slacker
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