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Technology Stocks : Nokia (NOK)

NOK 6.835

-1.1%

Nov 7 9:30 AM EST

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To: Jim Lurgio who wrote (2892)	12/3/1999 9:06:00 AM
From: Ruffian	Read Replies (2) of 34857

<Q: Qualcomm President and COO Richard Sulpizio has said you might use some of the $1.6 billion in cash and equivalents on the books to acquire GSM technology in order to build dual-mode chipsets for both CDMA and GSM networks. Can you confirm this? A: Yes, we?re looking around at possible acquisitions. We?ll work with someone who has GSM rights. It could be a strategic relationship such as cross-licensing. We need to find a solution. A strong enough acquisition is another way to go. We could use cash and stock. This is new path for us -- we?ve never done acquisitions before.> MAPS Networks my friend, big chip money. Ruff

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