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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.76-1.6%3:05 PM EST

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To: METMAN who wrote (216)11/21/1996 3:54:00 PM
From: Philip Merryman   of 152472
 
METMAN,

In reference to Qualcomm, the following quote from the preliminary prospectus for Lucent Technologies' initial public offering may be helpful:

"Wireless technology is evolving from analog to digital. The Company
provides networks based on a variety of the leading air interface standards: AMPS, CDMA, TDMA and GSM. The Company believes that its implementation of CDMA technology provides superior digital voice quality and greater capacity utilization, and allows for the utilization of lower power handsets than other wireless technologies."

If one accepts Lucent's statement, the question then for Qualcomm is to what extent will people in the future use wireless communications?

Philip Merryman
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