I am curious as to others' views on the Vodafone// e-QCOM // Mannesmann triangle.....my take on this is as follows:
Mannesmann may have required Vodafone and QCOM alliance to go for buyout....not just the pressure from stockholders, but too close in time to not consider there were inside activities enabling QCOM to become involved with Vodafone as part of the deal....just speculation, mind you, but too coincidental to be unconnected somehow.
Now, with eQcom and SnapTrack getting established into GSM territory, previously denied as a possibility, the 1X chip capabilities (backwards compatible with GSM)((please correct me if I have this nomenclature incorrect, I know HDR is backwards compatible, and I believe 1X is as well, but at 300kbs only)) has an opportunity to establish CDMA potential where previously none had been expected. This is something the analysts predicting share price have not counted into their models. Speaking of which, with contracts being tendered in China sometime in March, we can expect 2Q00 revenues to reflect some activity from IPR income, something else not figured into earnings, yet. OK, now with eQCOM riding on the front bumper of this *huge* buyout, no analyst has uttered a peep....(Maybe they are too busy recovering from the USGovt bond shortage fiasco)...
Well, now that in Spring 2000 we will see fleet management services offered by e-QCOM, what will we expect from the analysts covering this new twist? Obviously the share price of QCOM is the only target suitable for FUD at this time, and this will help the "others" by slowing down the acquisition (such as Simac) of more leverage into their backyards..any comments?
Martin Thomas |
