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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.92+1.1%3:59 PM EST

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To: 100cfm who wrote (56044)12/22/1999 6:48:00 PM
From: 16yearcycle  Read Replies (3) of 152472
 
Many of you got your hopes up for a deal that was not the most likely one. Kyocera was rumored all along. It strengthens Q's position in Asia, and creates another big competitor. They will have to win China through the Chinese, not doing some ridiculous positioning through a foreign company, and they are in fact making headway in China. This only hurts in Europe, and it hurts a lot, but obviously they felt if they couldn't get NOK, then they wanted to create someone to fight like hell with NOK. What better than to sell it to a Japanese company willing to squeeze every other phone maker like crazy? This is wonderful.
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