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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.35-0.4%3:59 PM EST

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To: kech who wrote (6558)12/17/1997 12:43:00 PM
From: Pierre  Read Replies (2) of 152472
 
While the asian problem may well have been overblown, I think the upcoming decision as to a European standard has significant implications. Europe is a closed shop as far a Qualcomm is
concerned. Were it to open up, its a (from Qualcomm's perspective) virgin market.

I understand the choice of wideband vs IS-95 hasn't been made, but recent news suggests its not going Qualcomm's way.

How much of the European market potential is built into QCOM's current market price. I did note that QCOM gave back its early morning gains (2 points) on the news. Any thoughts as to impact if vote goes against QCOM?

Pierre
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