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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 182.40+3.5%3:59 PM EST

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To: Jim Mullens who wrote (31376)1/19/2003 9:05:17 AM
From: Ken S.  Read Replies (4) of 197101
 
Jim,

At work in the US, I have a French coworker. The other day, I explained to him Qualcomm, CDMA and the prediction that a company would introduce it across Europe. He also has a Chinese wife, so he checked out the growth of CDMA in China.

Anyways, he surfed in French and found that the third largest wireless company in France is working a lot with Korea on CDMA. Sorry, I didn't write down the name (Starts with a "B",I think,anyone know?) and is part of a conglomerate that includes railroads, etc. The same company, he says, targets the youth market in France. His bet was that this company was going to introduce CDMA across France. One additional reason this company over the other two, is the other two were financially strapped from bidding for the WCDMA spectrum and this company got excluded from this bidding process because it couldn't afford the spectrum and its market was smaller.

Right now he is back in France and I await an update.

Ken
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