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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

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Dec 24 12:59 PM EST

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To: Ramsey Su who wrote (11695)	6/22/1998 7:02:00 PM
From: Gregg Powers	Read Replies (3) of 152472

Ramsey: Dr. Jacobs would concur with Montefiore (@MobileOne). I think he believes that W-CDMA is largely a marketing convention designed to enable Ericsson to deliver a CDMA-based solution without eviscerating its TDMA-based GSM business in the interim. Think about it, just how many people can need (or want) full-blown wireless multimedia? I have a state-of-the-world IBM Thinkpad and the darn thing barely runs for two hours before the battery needs recharging--fire up the modem and battery life drops to under one hour. Yet Ericsson "seems" to be saying that operators worldwide will want to optimize their cellular networks to support this high data rate market over traditional mobile voice. Seems like a straw dog to me. I can readily envision a world where more and more voice minutes migrate away from wireless to wireless due to a number of obvious advantages. I think this will leave behind a wireline infrastructure that can be reconstituted and optimized around data. This makes much more sense, since data transmission requires total 100% bit-level accuracy that is fair easier to achieve over a hardwired system whereas modest artifacts in a voice environment are either imperceptible to the user or, at worst, a modest inconvenience. Best Regards, Gregg

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