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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.20+1.7%1:06 PM EST

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To: mightylakers who wrote (12057)6/25/2001 5:01:54 PM
From: gdichaz  Read Replies (1) of 196986
 
mighty: Well put. Since, our leader has given us warning, I can't leave it at that though.

As one who does not have your expertise, zero is mine, I am very encouraged as a layman that there is more and more understanding that 3G is not repeat not W-CDMA only.

The fuzziness is a weapon of the Europeans.

But that game is weakening.

Dr J's interview with the Financial Times is fascinating not because of what Dr J actually said, but how it was chopped, misrepresented and slanted.

Since we now know pretty well what he actually said, there is clearly a complete disconnect between that and the hatchet job the FT did.

So what is interesting is why did the FT do what it did when it did it?

Would be a good case study in "journalism", but of course there will never be any such thing - since only the "journalists" police themselves - what a joke.

Perhaps Dr J was wrong to put himself in the hands of those who wished to cut him off at the knees.

Perhaps he was. But once the FT had respect, so perhaps he was blindsided.

But to pretend that the "report" of the interview bears the slightest relationship to what Dr J actualy said as he was being "interviewed" is absolutely, totally, and absurdly wrong.

We now know Dr J was discussing W-CDMA - not 3G generically.

The "report" made no such distinction.

This is all old, but it is of very real importance to be clear that the "report" was a cut and paste job which bore no relationship to the substance of what Dr J said.

So no one, repeat, no one, should take that laughlingly called "report" at face value.

Certainly not for investment purposes, which, sadly, is the alledged forte of the FT.

A great disservice to its readers BTW.

Enough. Sigh.

Best.

Chaz

PS: Note the contrast in this current interview which seems relatively straightforward, i.e. as Dr J spoke:

To:Craig Schilling who started this subject
From: Ruffian Monday, Jun 25, 2001 5:07 PM
Respond to of 100874

International Media Monitoring
---------------------------------------------------------------------------
>> CHINA
China Media Monitoring - June 25, 2001

>> An Interview with Dr. Irwin Jacobs -

Financial Daily June 20, 2001

A reporter from Financial Daily conducted an interview with Dr. Irwin
Jacobs, Chairman and CEO of QUALCOMM.

Question: Companies who obtained 3G certificate have not shown any
optimistic performance up to now, does that mean 3G will be postponed?

Answer: That is only half the picture. Actually, Korea began operating the
first CDMA2000 commercialization service in 2000. Recently, American Sprint
PCS and Verizon announced that they would deploy a 3G network to cover the
US. Though the 3G service based on CDMA2000 is still not perfect, it keeps
improving and will soon cover Asia, Australia and America. Some reports
have said that WCDMA will be in use by 2002, but I expect it to be no
earlier than 2005 or 2004. At that time, WCDMA might have more than 10
million users.

Question: Some experts have said that the market demand for 3G was not
demonstrated yet? How do you respond to that?

Answer: The Internet and wireless telecommunication are the two most
advanced technology innovations in this age. If we can successfully combine
them together and add some more services and applications, we believe it
will dramatically change our life, work, study and entertainment.
Question: Why should the CDMA system technology serve as the basis for the
3G network?

Answer: The key market for 3G telecommunication will be wireless Internet
access, multi-media telecommunication and high quality voice communication.
Given that spectrum resources are so limited, CDMA technology provides
solutions to support high quality voice and data communications at a lower
cost for a longer time. ITU has accepted CDMA2000, WCDMA, and TD-SCDMA as
the main three-telecommunication standards.

Question: What role does QUALCOMM play in 3G?

Answer: We will continue to develop and improve CDMA technology. We are
committed to deliver reliable and cost-effective software and chipsets to
help handset and equipment manufacturers to realize the commercialization
of their products at the earliest time possible. We have signed license
agreement with more than 100 manufacturers world round to ensure they get
the latest and most advance CDMA technology. At the same time, we are
siding with operators to try to understand the real demand of the market.
QUALCOMM is also making efforts in researching the other telecom standards
accepted by ITU.
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