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

QCOM 163.50

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To: D.J.Smyth who wrote (13097)	6/23/2000 7:13:00 PM
From: Eric L	Read Replies (1) of 13582

Darrell, << call them Eric. ask them >> Now that it is clear to me that you are referring to Nokia Investor relations, I will take your word for it. << he apologized because he felt the Dow Jones improperly made the implication that Nokia was visiting Qualcomm to establish a "new chip deal". He told NOK this was not his meaning at all. >> Thank you for responding. It was not exactly clear to me from your post what NOK stated he was apologizing for. Perhaps Dow Jones will retract. I'm not counting on it. Perhaps Pete will comment further. << He must still believe Qualcomm chipsets are "superior" to all others >> I don't think he is the only one that has that impression. << Do you want to own a company who sells inferior chipsets - especially for a technology as important as CDMA? >> No! << NOK should stop telling analysts at their semi-annual meetings (and on roadshows) that their CDMA chipset solution is not "inferior" to Qualcomm's if what Peterson states is true. Someone is lying. It's either inferior or it's not >> Yes. It's either inferior or it's not. Perhaps, at their semi-annual meetings (and on roadshows), in the near future you will hear NOK stating that they are working diligently to improve the industry perception that their CDMA handsets are not competitive in the market today. They need to do something, because that seems to be the perception that exists. Peterson is hardly the only analyst to comment on this. If I might, I'd like to repeat your comment from the Raging Bull Post: "NOK also stated that they are committed to using their own CDMA chipset designs and 3g solutions. They stated that they were in San Diego speaking with Qualcomm, but that they speak with them all the time and it represented nothing more than normal run-of-the-mill business." Even IF NOK was at Qualcomm headquarters today (which I guess this confirms), and they were specifically discussing QCOM CDMA chipsets, wouldn't it be highly unusual for NOK Investor Relations, to make a statement materially different than that which you report? - Eric -

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