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Technology Stocks : Interdigital Communication(IDCC)

IDCC 350.27

+1.2%

1:43 PM EST

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To: Bobby Yellin who wrote ()	6/23/2000 2:38:00 PM
From: carranza2	Read Replies (1) of 5195

Corrected story. Could the deal be sealed? Corrected at 02:12 PM) Nokia Corp. (NOK) executives have met with Qualcomm Inc. (QCOM) officials about the future use of Qualcomm's CDMA-wireless technology chipsets, an analyst said Friday. The talks, which have not been confirmed by the companies, could represent a radical shift in Nokia's stance toward using Qualcomm's chips. Nokia has long maintained it will use only its own CDMA chipsets in wireless phones. Pete Peterson, telecommunications analyst with Prudential Securities, said "we have confirmation that Nokia executives were at Qualcomm's headquarters in San Diego." (A report published at 12:39 p.m. EDT misquoted Peterson as saying the talks were currently underway.) -Johnathan Burns; Dow Jones Newswires; 201-938-2020; johnathan.burns@dowjones.com

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