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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 174.810.0%Dec 26 9:30 AM EST

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To: JGoren who wrote (5203)1/14/2000 9:39:00 AM
From: Art Bechhoefer  Read Replies (2) of 13582
 
JGoren, I agree. What's more, AOL leases lines from WCOM and is one of their biggest customers. The main point is that AOL appears to be moving toward high speed data communications - the kind of speed needed for downloading major documents in a few seconds or minutes, rather than the much longer times it takes even with DSL. Time Warner is one of the two major cable TV companies, so while AOL doesn't get all the coverage it might like via Time Warner, it gets a big chunk of that coverage. My point is that for the next several years, wireless looks like a much better alternative. If I were running a company like AOL, I would try to incorporate the best technology, not necessarily the technology that's available now. I would be working closely with companies like QUALCOMM to see how wireless technology might fill my needs better. My guess is that if AOL were more technology sensitive and less marketing oriented, they would have made a different decision.
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