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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%3:59 PM EST

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To: Craig Schilling who wrote ()10/21/1999 6:40:00 PM
From: Another John  Read Replies (1) of 152472
 
Today Mannesman, a German company paid $ 33 Billion in excess of $7,500 per subscriber for Orange a British GSM provider. This makes Mannesman the largest provider in Europe with 20 million subscribers.

The CFO of Orange was asked about the price and said that he sees penetration rates for mobile at greater than 100%.!!!!!

He is talking of telematics and machine to machine connectivity over the next 10 years.

Any ideas from the thread?

Regards,

John
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