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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.92+0.2%12:03 PM EST

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To: puzzlecraft who wrote (46825)11/1/1999 10:15:00 AM
From: slacker711  Read Replies (2) of 152472
 
12 have W-CDMA agreements. When I asked about Nokia the response was something like... any company that wants to manufacture W-CDMA equipment to sell (not just demo units) will have to negotiate for a fair royalty rate.

Wow....I didnt even realize it was this high (12). I wish I knew the names on that list. JMO....I know that some on this thread think that Q should trade at a PE of 70-90 but I dont think I can justify this to myself until the ITU has announced the three modes of 3G and every manufacturer in the NTT Docomo W-CDMA contract has agreed to Q's royalty rates. When you have a PE that high, there should be NO doubts (i dont have many but I'd like to see everything in writing).

Slacker
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