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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: llwk7051@aol.com who wrote (13375)	6/28/2000 11:37:00 AM
From: samim anbarcioglu	Read Replies (3) of 13582

<<? We estimate that chipsets likely will represent 38% and 35% of operating profits in the September 2000 quarter and fiscal 2001, respectively. Chipsets for phones sold in the domestic Korean market. The domestic Korean market is expected to represent about 20% and 15% of global CDMA subscribers in fiscal 2000 and fiscal 2001 respectively. This suggests that 5-7% of QUALCOMM?s EPS is derived from the domestic Korean market.>> The Q management had to make this announcement to be completely forthright and straight. Now, please don't forget the NOK/Telson/QCOM deal. NOK has started buying Q chips through telson. Jorma O., the NOK CEO said they will make a big splash into the CDMA business this year, he said they have been behind in the CDMA business, and plan to win big (by using Q chips). Does anyone think NOK CDMA phones with Q ASICs will not be a huge seller all over the world?

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