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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 169.27-4.8%Jan 12 3:59 PM EST
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To: Jon Koplik who wrote (113465)2/16/2002 9:49:53 AM
From: Keith Feral  Read Replies (1) of 152472
 
PCS should consider a strategic sale to Verizon to build the mother or all wireless carriers. Why should someone sell PCS $2 billion in commercial paper when you could buy the whole value fo the common equity for the same number.

There is one very compelling reason for VZ to consider the purchase. When all the CDMA handset customers pick up their 3G phones, they will be very tempted to switch carriers to pick up the free phone. It would allow all the CDMA phone customers to keep the same phone numbers with no churn alternatives.
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