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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: RoseCampion who wrote (2283)10/14/1999 7:34:00 PM
From: Keith Feral  Read Replies (3) of 13582
 
Rose: I would like you to respond to your comments that MSFT's entry into CDMA wireless handset business would be ridiculous. Based on the price tag that INTC paid for DSP, I would think that the sale of QCOM's handset business should be worth double what INTC paid for DSP. $3 billion would not be an unreasonable price tag at this point. Softie is one of the few with the cash to pay the price tag. Further, the introduction of Pegaso service in Mexico City is going to provide plenty of growth opportunity for Qualcomm's handset business which has a virtual monopoly on Pegaso's customers.
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