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Technology Stocks : Nokia (NOK)

NOK 6.665

-1.0%

Nov 17 3:59 PM EST

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To: tcd who wrote (3134)	12/30/1999 4:54:00 PM
From: Bux	Read Replies (2) of 34857

tired of hearing about QCOM's patents? Those patents only cover narrowband CDMA. Guess what? Nokia is partners with IDC, the owner of wideband CDMA: The holiday's have me feeling generous! I'll add another perspective to the patent mystery, buy IDC if you like, just be aware of the facts. First, QCOM's CDMA patents are not bandwidth specific. The 3G CDMA standards cannot be implemented without the same patents that make 2G CDMA work. Second, it's not clear that the next CDMA standard (HDR and 1Xrtt) is wideband CDMA. Wide and narrow are subjective terms. It is my personal belief that Qualcomm will implement these technologies next year and there will be no significant royalties to other companies. HDR and 1Xrtt will provide mobile speeds high enough to offer full motion streaming video with high-fidelity stereo sound at a very efficient spectrum usage. I don't know if the market will be very big for these types of data rates (I think it will be) but one thing is clear, there will be no need for W-CDMA. GSM can upgrade to HDR and 1Xrtt just as easily as to WCDMA. Probably more cheaply since Qualcomm's low royalty fees will be hard to match with all the interests clamouring for a piece of WCDMA (Qualcomm included). I don't think IDC has a chance of blackmailing Qualcomm for an amount that will ever justify IDC's stock price ($60+). But that is just my opinion. Do your own research, come to your own conclusions. Just be wary of claims made by companies that don't have a lot going for them if they turn out to have no clothes on. I like NOK but beware of the snake-oil salesman. Have a happy and prosperous New Year all! Bux

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