The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

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To: khacha who wrote (4065)	12/9/1999 8:21:00 PM
From: DaveMG	Read Replies (5) of 13582

I think that it is much more in the interest of Qualcomm to sell the handset division to Nokia than to Samsung I understand.. For Nokia, the purchase of the Qualcomm's handset division will allow it to remain at the forefront of the wireless computing, and not to yield its leadership position to Motorola I suspect there's some wishful thinking going on and that you all are overestimating Nokia's needs. Nokia is one of the most profitable corporations in the world, it's just become the European mkt cap leader.Nokia is definitely not dependent on Qualcomm to remain at the forefront of wireless computing.Don't count on Nokia being unable to hold their own without Q ASICs either. A purchase of the handset div by Nokia and a long term ASIC deal would be quite a concession. IF it happens I'll be astonished. BTW Nokia recognizes Q patents and is now a royalty paying IS95 licensee. And Ericsson is the number 3 handset maker in the world I believe, hardly marginal. DMG

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