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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.690.0%Dec 24 12:59 PM EST

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To: JohnG who wrote (23964)6/20/2002 11:17:57 AM
From: Mark Fleming  Read Replies (6) of 197028
 
from briefing.com:

> 11:11 ET China Unicom may sell its CDMA network-- Lehman : Lehman says
> that NOK mgmt hinted that it is possible that China Unicom could
> reevaluate its CDMA strategy, possibly by selling the struggling network
> in order to focus exclusively on its healthy GSM biz (checks suggest that
> Unicom is considering this as well); if this were to occur, it would be
> negative for CDMA wireless equipment names such as LU, NT, MOT, and QCOM,
> as there would likely be period of substantial slowdown in network
> investment. Briefing.com notes that comm IC suppliers such as AMCC and
> VTSS may be affected as well.
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