The New Qualcomm - a S&P500 company Message Board

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

QCOM 168.08

+1.8%

Nov 28 12:59 PM EST

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To: samim anbarcioglu who wrote (12982)	6/23/2000 10:41:00 AM
From: carranza2	of 13582

I'm not sure I agree with your take on the announcement you cited. Assuming your interpretation to be correct, it would be an unusual deal for NOK to enter into because of the low-margin nature of the handset biz. Why should NOK go to a S. Korean manufacturer to have CDMA handsets built when it can buy the ASICs from Q and probably keep the damage to its margins to a minimum? Why is NOK going into a saturated market in which subsidies have been eliminated? This is strictly a 2G deal. As everyone knows, NOK does not have a 3g license. This is all very strange.

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