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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 168.08+1.8%12:59 PM EST

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To: Caxton Rhodes who wrote (2520)10/19/1999 11:38:00 PM
From: Bux  Read Replies (2) of 13582
 
The story "Philips Close To CDMA Deal With Qualcomm" caught my eye. Upon the first read it appears to say the deal is more favorable to Phillips than the original VLSI license. Upon closer reading, it appears to say the opposite (more favorable to Qualcomm). What was the writer thinking?

Philips Semiconductors says that it is close to agreeing a CDMA licence with Qualcomm after VLSI lost its Qualcomm CDMA licence after being acquired by Philips. The new deal is said to have more favourable terms than the original deal with VLSI. Qualcomm also says that a new licence should be awarded in the near future.

Bux
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