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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.25+0.6%Dec 19 9:30 AM EST
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To: w0z who wrote (122260)7/26/2002 9:05:32 AM
From: Wyätt Gwyön  Read Replies (3) of 152472
 
In Japan, NTT DoCoMo Inc. has launched a 3G service based on WCDMA, but demand has been very slow, partly because the handsets are more expensive and have less battery life than standard mobile phones. At the same time, a 3G service launched by DoCoMo's rival, KDDI Corp., using CDMA 2000 technology has been gaining customers at a rapid pace. That is ominous for Ericsson and Nokia, who are leaders in the WCDMA market, but trail rivals in the CDMA 2000 market.

if WCDMA really turns out to be DOA (as QCOM and its bulls have long argued) and 1X continues to do well, that will be a great moral victory for the longs. however, as is often the case, the irony may be that this victory will not matter since the 3G ramp as a whole will be slowed (hurting QCOM, as IJ forecast).
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