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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 137.34

+0.8%

Feb 6 9:30 AM EST

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To: marginmike who wrote (101088)	7/3/2001 10:40:26 AM
From: Dennis Roth	Read Replies (2) of 152472

>> They are all morons. << Morningstar.com Stock Analyst Notes: 07/03/01 By Morningstar Analysts A couple of sandbox heavyweights are deciding to play nice, as Nokia (NYSE: NOK - news) and Qualcomm (Nasdaq: QCOM - news) on Tuesday announced an expansion of their existing licensing agreement. Relations between the two companies have historically been very chilly, primarily because handset leader Nokia doesn't pay a licensing fee on its phones embedded with the code division multiple access (CDMA) technology pioneered by Qualcomm. This announcement still does not cover handsets, but rather all CDMA-based wireless infrastructure equipment; as reciprocation, Qualcomm is granted rights under Nokia's CDMA-related and other patents to market and sell CDMA components, including multimode chipsets. This is a big deal because it shows that these two proud companies can cooperate, when necessary, and grease the wheels for future agreements. Todd Bernier biz.yahoo.com ===== We're so lucky to have knowledgable analysts to set us straight. <g>

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