Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 169.27

-4.8%

3:59 PM EST

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To: 100cfm who wrote (47376)	11/2/1999 10:08:00 PM
From: Ruffian	Read Replies (2) of 152472

Bloomberg> Shipments of all products, from chips to cellular handsets, rose to a record, and the company said first-quarter profit will rise from the fourth quarter's. Qualcomm is selling its handset unit as it focuses on making chips for cell phones and as royalties from code-division multiple access, the wireless standard it invented, make up a bigger part of its business. Royalties from CDMA more than doubled in the fourth quarter. ''Higher royalties indicates the acceptance of CDMA is very strong,'' said Wojtek Uzdelewicz, an analyst at SG Cowen & Co. who rates Qualcomm a ''buy.'' ''That provides for a pretty good outlook for Qualcomm.''

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