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

QCOM 165.07

-1.0%

Nov 18 3:59 PM EST

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To: John Biddle who wrote (1689)	9/20/1999 7:27:00 AM
From: Jack Bridges	Read Replies (2) of 13582

John, I'm not qualified to provide any answers to your very prescient queries. We do need answers and I note that ADI has outperformed QCOM on a relative basis since March, including a new high on 9/17. The Caxton/idler summary of the Analysts meeting included the statement that 'CDMA is the only wireless technologythat is internet capable.' That statement was made after the ADI announcement. The BT/ATT Alliance announcement, IHT version, included the statement: " -- work toward developing common standards for so-called third generation mobile telephones that are expected to be introduced from the year 2001." That was also after ADI said they'd have answers to GSM's prayers from early 2000 These three very important statements, appearing within days of each other, are in apparent conflict, unless BT/ATT are engaging in a bit of face-saving as they move toward CDMA. Jack Bridges

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