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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.61+1.4%12:30 PM EST

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To: Gregg Powers who wrote (12892)7/25/1998 9:25:00 AM
From: GO*QCOM  Read Replies (4) of 152472
 
QUALCOMM plans to bid on TELEBRAS.QUALCOMM will tender offer for portion of TELEBRAS.The giant Brazilian phone concern will be split into twelve parts.Eight cellular companies are parts of the twelve being split up.QUALCOMM in the meantime is building a handset manufacturing facility in Brazil to handle the rush.There will no doubt be fierce competition as many other companies such as Bell South plan to bid as well.QUALCOMM according to this mornings San Diego Union Tribune plans to partner with other companies or a consortium to bid.QUALCOMM continues to spread CDMA to all parts of the American Continents to all our hearts content.Stay tuned as the excitement begins.
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