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

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Ruffian who wrote (13294)	6/26/2000 6:59:00 PM
From: JMD	Read Replies (2) of 13582

Ruffian, "I don't think we were quick enough to invest big enough in CDMA (Code Division Multiple Access)," Ollila continued. "We should have done that earlier, more. Now we have a catch-up game, which we will win. We have decided we will win and we will. But it's a little bad to miss 18 months." Big time post Ruff, well done. This CEO Ollila seems like an entirely different kettle of sardines than his Ericsson counter-part: a) he didn't claim to have invented CDMA b) he's not above admitting he made a boo-boo and c) he knows CDMA is the key to surviving in the wireless world. I don't know whether to be scared or exhilirated. Ericcy was a joke--you knew we'd win that one. This guy's no joke. Seems to me the Q would be wise to consider a little JV with the Nokia boys--show them how to build the damned ASICs in house if that's what they need to make a buck and retain prestige. With Vodafone and Lucent behaving themselves so nicely, I think NOK would be just what we need for a hat trick. 10 points, Ruff. Mike Doyle

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