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Technology Stocks : Ericsson overlook?
ERIC 9.420-0.8%Jan 16 9:30 AM EST

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To: Raymond who wrote (1053)11/18/1997 8:29:00 PM
From: Caxton Rhodes  Read Replies (1) of 5390
 
MM- Lot of comparisons have been made to QCOM being similar to MSFT in that they have licensing rights to a product that will dominate the marketplace. The theory is that IS-95 will be the dominant wireless technology and everyone will end up paying Qualcomm. This scenario is overly optimistic and wishful thinking, but that is why the comparison is made, I have not made it.

The "flat world" or pancake comment was made by Dr. Irwin Jacobs of Qualcomm when he stated that some people still don't believe IS- 95 cdma is a superior technology and also believe it will nevr be competitive on a large scale, "Some people don't quite learn. Some people believe in a flat world." He went on to say that GSM is Qualcomm's chief competition.
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