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To: Voltaire who wrote (27254)	7/31/2000 8:04:31 AM
From: Clappy	Read Replies (2) of 35685

Ford, Qualcomm Reportedly in Internet Deal By Tim Arango TheStreet.com/NYTimes.com Staff Reporter 7/31/00 7:33 AM ET Ford (F:NYSE - news) is set to announce Monday a joint venture with Qualcomm (QCOM:Nasdaq - news) that will bring wireless services to automobiles, The Wall Street Journal reported, citing sources close to the deal. The deal would mark Ford's long-awaited entrance into telematics services, which include bringing phone, Internet and entertainment services to vehicles, the report said. The new company is tentatively called Wingcast and would be based in San Diego, the home of Qualcomm. Dearborn, Mich.-based Ford is expected to be the largest shareholder in the venture. By 2004 every Ford vehicle will be equipped with a wireless system, the article said. Ford closed Friday at 46 3/8, down 1/2. Qualcomm fell 3 1/8 to close at 62 7/16. thestreet.com -- How many vehicles per year does Ford make worldwide?

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