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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 162.01+1.5%1:27 PM EST

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To: marginmike who wrote (11249)6/8/1998 12:53:00 AM
From: Clarksterh  Read Replies (3) of 152472
 
Re - the CDMA standard, developed by Qualcomm Inc. as a competitor to GSM, currently has about 420,000 US subscribers.

Wow! Either there are a lot of Qualcomm phones in the garbage dumps, or Irwin Jacobs is about to indicted for the biggest case of corporate fraud in 20 years. After all Qualcomm is claiming 400 to 500 thousand phones per month and most of these must be sold in the US since the majority of Korea's market is Samsung.

In all seriousness, does anyone have any idea what the real subscriber numbers are for IS-95 vs GSM in US PCS? And does anyone know how the reporter could have gotten numbers so bizzarre (I realize he probably got them from a GSM group, but they had to have some justification, or risk a black eye from lying.)?

Clark
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