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

QCOM 174.81

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Dec 26 9:30 AM EST

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To: Ramsey Su who wrote (4481)	12/23/1999 8:49:00 AM
From: w molloy	Read Replies (3) of 13582

>> I can only conclude that no one knows what they are talking about. Of course. What would make you think otherwise? >> As an example, the staff arrangement most innovative. You spotted that too. >> The affected employees should not be as unhappy Don't bet on it. The QCP guys are now KYO employees in all but name. NOK is only just around the corner and up the road. I expect quite a few will jump ship. >> At the same time, QC seems to have maintained control of very valuable employees indefinitely. Not true. Some reports have said the 'contract out' deal is for 5 years. Others 3 years. The fate of the employees after this time hasn't been made public, but do you see KYO giving them up? No way. >>Nokia is not going to abandon their own chipsets for QC's. I have it on very good authority NOK were prepared to do exactly that, if they could get a preferential deal on royalty. >> In the telecomm arena, Nokia is going to be a competitor in the next few years Shame on you Ramsey. They are potential customers. QCOM isn't in the handset business anymore, and as far as I know, NOK isn't interested in flogging ASICS

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