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Technology Stocks : AWE - ATT Wireless

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To: onurbius who wrote (180)5/30/2000 11:48:00 PM
From: DWB  Read Replies (1) of 329
 
Then again... don't you hate it when reality gets in the way of a good bit of FUD?

Message 13798891

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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