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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.65

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3:59 PM EST

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To: Ramsey Su who wrote (9838)	4/15/1998 11:21:00 AM
From: engineer	Read Replies (2) of 152472

Have any of you been to Korea lately. Over here on business and the phone market is very crazy still. Imagine a street where it is a continous line of neon store fronts and then imagine that on each building there is probably at least one phone advertisement sign, either for service or for a phone store itself. imagine a street where there is not more than 100 meters between phone stores and in some cases a whole street long of 100 or more side by side (youngSam Area). I do not even see this level of stuff in japan. some numbers; Korean PCS still adding at between 10k and 50k subs per month, cellular probably about the same. total CDMa subs at almost 7M, but growing by 100-200k per month. Airtime rates in this government mandated and unregulated business is about 9 cents a minute with a monthly charge ranging from $5-20 per month. Phone prices to consumer is about $50. I do not think the party is over, over here yet....And they have two carriers with data announced and rolled out. SKTel announced a data trial with packet type services and LGTel announced a circuit switched service using the IS-707 standard. This is way ahead of the US carriers....

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