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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 154.97-2.8%1:53 PM EST
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To: The Verve who wrote (52115)12/1/1999 8:56:00 AM
From: MileHigh  Read Replies (3) of 152472
 
I spoke with IR recently and asked them about the recently announced Japanese co-venture for developing WCDMA and how that could affect Q. IR's response was that nobody has announced a commercially viable WCDMA system ready for market. I can't remember their exact words, but it was something to this effect. "Companies announce development deals all the time. None of it counts until it's commercially viable..."

What is troubling about that statement is that they didn't come right out and say, Hey, don't worry, we get royalties on WCDMA as well". Instead it sounded like some sort of wishy washy back pedal statement. I know, I wasn't there, just paraphrasing your comments, as I see them.

MileHigh
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