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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.07-1.0%Nov 18 3:59 PM EST

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To: LindyBill who wrote (40967)9/14/1999 1:17:00 PM
From: JRH  Read Replies (2) of 152472
 
So the sale of the Handset division is finally going to happen.

Do we have any confirmation that they are going to flat-out sell the Handset division? I fully expect mgt to shed more light on the subject tomorrow, but it seems more plausible (to me, anyway) for them to subcontract the manufacturing out to someone else (BWDIK ;).

It was mentioned in the press release that they are spending more money to increase their margins and would take the one-time charge against earnings. Anyone have any idea where that money is being spent in order to increase margins? Thanks,

Justin
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