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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: DownSouth who wrote (28383)	7/19/2000 11:34:58 PM
From: Uncle Frank	Read Replies (1) of 54805

>> The CDMA tornado continues. Does this sound like a Tornado to you? NEW YORK -- Qualcomm Inc. (QCOM) Chief Operating Officer Richard Sulpizio said the company expects calendar 2000 sales of CDMA handsets to reach 65 million. Industry observers had expected the handsets, based on Qualcomm's code division multiple access, or CDMA, wireless technology, to reach as many as 70 million in full-year sales. But after a ban on handset subsidies took effect June 1 in Korea - the leading CDMA market - Qualcomm reduced sales projections to the lower end of expectations. But CDMA-based handset sales for calendar 2001 should be between 90 million and 100 million, Sulpizio said. Taking the the extremes to make the most favorable estimate, that's 65M in 2000 growing to 100M in 2001 - a 54% sub-tornado rate growth. uf

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