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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 174.54-1.2%Nov 13 3:59 PM EST
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To: slacker711 who wrote (10996)5/29/2000 3:39:00 PM
From: quidditch  Read Replies (1) of 13582
 
Qualcomm, the leader in cdma2000 technology, also expressed its intention to offer better terms over its European competitors

Of course, the news story that DoCoMo is looking at taking a 10% position in KT adds more stakes and byzantine twists to yet another play. As IJ said in February, "it's a land grab out there."

re. idler's query: Ericy offer to reduce "royalty rates" to Korean carriers: given that the stakes are huge, is it possible Ericy could be "packaging" its effective "royalty rate" with a reduction in its budgeted operating margins to offer a reduced "rate" deal? i.e., Ericy passes through Q's effective rate, discounted by Ericy margin squeeze. Risky business, that.
Steve
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