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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: Gregg Powers who wrote (10785)5/26/1998 11:16:00 PM
From: Houston_CPA  Read Replies (2) of 152472
 
Gregg,

Lacking any substantive announcements about Mexico, and keeping in mind Qualcomm's urgent need for another partner in Mexico, I gotta blurt it out: What about AirTouch? Talk about a good fit...

AirTouch could pay for its interest with its unrealized gains in Qualcomm warrants, recoup its book investment losses in Qualcomm common, and part with some cash to boot. ATI needs those Mexican POP's for expansion and direct use of its Globalstar rights. Qualcomm gets out of financing the Mexican build out (and maybe recognize some immediate development fee income) while keeping technical control and prestige wins -- not to mention the antidilutive effects of buying in those shares and warrants at a discount.

I'm just a shareholder who wants Qualcomm's brilliant Mexican project to find a good home.
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