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

QCOM 179.26

+0.5%

Dec 15 3:59 PM EST

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To: Valueman who wrote (8197)	4/2/2000 9:11:00 AM
From: DaveMG	Read Replies (1) of 13582

The thought that W-CDMA is some kind of GSM victory is a tribute to the PR firms hired by the involved parties. I find it all quite funny. Those who haven't followed the story are so easily swayed into thinking W-CDMA is some kind of QCOM negative, and a big win for Euroland. Such drivel. WCDMA is a GSM/Euroland victory and a victory for GSM infrastructure manufacturers. Not to aknowledge it means forgetting about the way the battle lines were drawn a few years ago. Nokia and Ericsson now seem to be very well positioned because of this victory. Had they lost the WCDMA gambit they might not have been. It's true of course that it's also a victory for QCOM but ti's not the total victory a CDMA2000 sweep would have been.We'll have to wait and see what sort of ASIC marketshare Q can garner and what royalty rates really end up being before we can assess the magnitude. It seems we do agree however that the more and the faster we see WCDMA the better!

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