The New Qualcomm - a S&P500 company Message Board

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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: Ramsey Su who wrote ()	6/27/2000 11:48:00 AM
From: carranza2	of 13582

From RB: : steter Reply To: None Tuesday, 27 Jun 2000 at 11:43 AM EDT Post # of 50881 Just recvd. email from NOK - IR, in response to my questions regarding QCOM/NOK rumors, the comments by the CEO saying that they are 18 months behind in CDMA and that they will win going forward. I asked if a deal with QCOM was in the making. Her answer: Hello, Thank you for your inquiry. Nokia is working at becoming a market leader in the CDMA area. It has dedicated R&D focusing on its own chipset design and is committed to that endeavor for the future. It has however recognized the trailing position it is in and will do what is necessary to gain market share. In fact, please review the attached press release announced on Friday, June 26, 2000 announcing a manufacturing agreement Nokia signed with Telson, a Korean CDMA manufacturer. press.nokia.com Please let me know if you have any other questions. Thank you also for your support of Nokia. Regards, Audrey McGinnis Manager Investor Relations Nokia

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