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

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Nov 14 9:30 AM EST

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To: John Biddle who wrote (1689)	9/20/1999 2:31:00 PM
From: Robert Sheldon	Read Replies (2) of 13582

Regarding ADI's Othello chipset announcement, I think George Gilder sums it up best . . . “This is the breakthrough in smart radio technology that the GTR has been predicting since its inception. Our smart radio issue focused on Analog Devices, which says that the technology is adaptable to CDMA. As the minority system, CDMA will benefit more than GSM from the creation of receivers independent of modulation schemes. In a world of smart radios, the system with the best acoustics and features will prevail rather than the system with the widest coverage. Nonetheless, this initial rollout of chips for GSM is beneficial to the existing standard and may delay pressures to move to the third generation CDMA system. It illustrates the perils of Joy's Law (the smartest people are never all in your own company) and Qualcomm's need to get the world's chip companies competing to innovate in CDMA. In any case, the current CDMA systems being rolled out by SprintPCS and Airtouch are still the world leaders in wireless data and there is alot more to come from Qualcomm.”

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