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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: FedWatcher who wrote (51995)	11/29/1999 11:08:00 PM
From: JohnG	Read Replies (1) of 152472

FEdWatcher. Think of this as a despiration move by CSCO. Their current franchise is under attack from every direction. Do you think all those US cable companies will stand buy and let their franchise evaporate. No, they will consolidate and do what they need to do anyway to offer cable modems, phone service and internet. Do you think AT&T will let CSCO siphon off all their cable customers to wireless. Do you actually think people in less wealthy countries will buy two phone services or be content with a mobiye CDMA service that servs both purposes. Do you think CSCO is so brilliant that it will suddenly deploy on a timely basis a massive untested but workable wireless service out of nowhere. Do you really think CSCO can go into the "just add water" instant wireless business? CSCO has a lot if resources, but magic isn't one of them. Really, we must not be scared of our shadows here. Perhaps this is a grand negotiating gambit from CSCO and others to get a better deal on HDR. HDR is a this year technology. CISCO's has many of the charachteristics of vapor ware. JOhnG

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