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Technology Stocks : Interdigital Communication(IDCC)

IDCC 364.86

-1.9%

10:30 AM EST

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To: Jim Lurgio who wrote (3411)	1/17/2000 12:55:00 AM
From: w molloy	Read Replies (2) of 5195

Jim and all If NOK are joined at the hip to IDC, why would they be expanding their San Diego facility? Surely they should be located closer to IDC? San Diego North County Times newspaper Saturday, January 15th. A new 190,000 square foot facility was dedicated on Friday in Scripps Ranch (SD,CA) for wireless phone maker Nokia, the world's top seller of wireless phones. The center will employee more than 500 people, mostly engineers developing products based on CDMA technology pioneered by San Diego based Qualcomm. This is Nokia's sole CDMA center for the world, said Larry Paulson, vice president of product line management for CDMA. Nokia has been in San Diego since the early 90's, but have started to take a strong stake in the San Diego community in the last two years. Nokia's head count has grown from 100 to 300 to now over 500. Plans are to grow to nearly 1000 people concentrating on CDMA technology.

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