Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 152.72

-0.2%

Jan 28 3:59 PM EST

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To: sea_biscuit who wrote (112912)	2/11/2002 2:08:05 AM
From: cfoe	Read Replies (1) of 152472

In addition to what arun and maurice responded to you with consider this. We are not talking about cellphones in addition to wired phones in India. The vast majority of Indians have NO basic phone service. WLL-CDMA with limited mobility will allow the average family in India to acquire BASIC phone service with the additional bonus of being able to travel within their city and still use the SAME phone. Humans need to communicate. The more they communicate the richer the society. Expanding phone service widely in India will make the nation richer, not poorer. I don't know (as you don't) whether all of this will result in QCOM's stock going up, down or sideways. But it is certain that the availability of phone service to the average person in India will explode over the next decade.

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