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

QCOM 174.01

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Nov 14 9:30 AM EST

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To: Clarksterh who wrote (8424)	4/7/2000 11:58:00 PM
From: A.L. Reagan	Read Replies (2) of 13582

I like to think I do a reasonable job explaining it [wireless IPR] to other people on the thread. Clark, any light you can shed on what essential IPR NOK has or may likely have for DS-CDMA, that QCOM does not have, would be much appreciated. That is really the crux of the matter in sorting this out. As far as I can tell, SI's resident NOK expert, Tero K., has not been able to address this with any specifics (although Tero is convinced that it must exist). This is really the crux of the issue as to whether NOK is the reincarnation of IBM under John Akers, or whether where there's W-CDMA smoke there's fire. Maybe no one really knows this, so it's just a watch and wait risk factor. It seems there is no doubt that NOK will have to license 3G from QCOM, but what can they get back?

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