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Technology Stocks : Nokia (NOK)

NOK 6.730

-0.7%

Nov 14 9:30 AM EST

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To: JohnG who wrote (4848)	5/14/2000 9:10:00 PM
From: Wyätt Gwyön	Read Replies (1) of 34857

What needs to be done to minimize equipment expenditures and use spectrum efficiently is overlay the current GSM with a multicarrier CDMA air interface. This is what China will probably do and probably what VOD wants to do. If this were to happen (in China at least, but especially in Europe), it would be huge for QCOM. But just to play Devil's advocate here: Despite what looks like a very favorable analysis for the IS-95 upgrade path according to your link, in the real world it does appear that the GPRS/EDGE upgrade path has very considerable momentum. The question Tero has asked (and that no one from QCOMland has satisfactorily answered IMO), is why all this GPRS>DS-CDMA momentum exists if the Qualcomm-"recommended" path is such a slam dunk? "Listen to the money."

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