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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

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1:18 PM EST

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To: marginmike who wrote (15341)	9/22/1998 2:12:00 PM
From: gdichaz	Read Replies (2) of 152472

To Marginmike: Well stated. As an addendum. Nokia has tried to get its feet wet in CDMA - even to the extent of setting up shop beside the Q works in San Diego and working out its own CDMA chips. To Nokia's credit, the company has hedged its bets. Has walked tightrope IMO re Ericy and GSM. Your discussion of how Nokia evolved its poor phones at first to the best GSM/analog phones despite the MOT and Ericy leads in analog and GSM respectively would indicate that Nokia may well be able to be a major contender in phones themselves for both the current and evolving CDMA One area as well as whatever emerges as 3rd gen CDMA. Without doubt the Q is in the best position re CDMA overall and NT and LU are major players in CDMA infrastructure, but is there room for a major Nokia CDMA phone set presence? And maybe infrastructure later? Could be IMO. Comments? Chaz

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