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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 178.29

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Dec 12 9:30 AM EST

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To: carranza2 who wrote (2495)	8/29/2000 10:24:30 AM
From: Getch	Read Replies (1) of 196959

Carranza noted that this story was unsourced, but the statement in bold jumped out, can anyone verify? Future of 3G Wireless Under Threat? By Ray Hegarty, Aug 28 2000 Qualcomm and industry organization 3G3P on a collision course over 3G patent claims. <snip> Spinco is due to issue an IPO in the autumn, when it will also undergo a name change. Qualcomm plans to offer 10% of Spinco, currently valued at $28 billion. By April of next year, Qualcomm plans to distribute to shareholders the remaining interests in Spinco. The transaction is expected to be completed by August of next year.

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