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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.31+1.2%10:59 AM EST
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To: freeus who wrote (72849)5/30/2000 4:19:00 PM
From: waverider  Read Replies (1) of 152472
 
Dunno about that, but I've been bullish since '96...here's an email from Q:

An email from Q's Ir to a shareholder follows:
Subj: Re: (no subject)
Date: 5/30/00 2:46:01 PM Eastern Daylight Time
From: juliec@qualcomm.com (Julie Cunningham)
To: MurfHaw@aol.com

Dear Shareholder:

On Friday, we issued a statement from Dr. Jacobs regarding the opportunity
in China made possible by the positive vote on permanent normal trading
status in the U.S House of Representatives last week. You can view that
announcement on our web site at www.qualcomm.com. The news articles that
make various statements about China Unicom's plans are speculative in
nature and most often discuss the China Unicom initial public offering,
which involves a subsidiary of China Unicom. Our agreement is with the
parent company.
China Unicom currently has a GSM network and they also have 5 Megahertz of
spectrum dedicated to CDMA. They are saying that they will commence trials
of CDMA, but beyond that have not discussed specific deployment plans or
plans for 3G. We continue to believe that the world is going CDMA and that
there will be CDMA deployments in China in the near future under our
existing framework agreement.

Sincerely Yours,
Julie Cunningham
Sr. Vice President, Investor Relations
QUALCOMM Incorporated
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