Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: Stock Farmer who wrote (114103)	2/23/2002 3:15:37 AM
From: Peter J Hudson	Read Replies (2) of 152472

John, Since QCOM has been a publicly traded company they have devoted all of there resources towards developing and promoting CDMA technology. QCOM has succeeded against tremendous odds in establishing CDMA as the fastest growing 2G wireless technology and the basis for all 3G wireless networks. All major wireless manufacturers have purchased royalty bearing licenses to use QCOM technology. All major wireless carriers worldwide are migrating to some form of CDMA. The R&D expenses, legal expenses, promotional expenses and flights of folly have burned a tremendous amount of resources, but Qualcomm now has no debt and a couple of billion in cash. Competitive position is the shareholder value that Qualcomm has created. QCOM is now in a position to capitalize the competitive advantage they have created. Let's hope the world economy doesn't screw us all! Pete

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