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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

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To: SKIP PAUL who wrote (17486)	10/31/1998 3:27:00 PM
From: tero kuittinen	Read Replies (2) of 152472

Sprint managers may not be fools... but I'd say it's a pretty safe bet that they did not expect to have to wait until 1999 before Motorola starts their volume shipments of CDMA phones. They did not expect to see a TDMA model as the best-selling phone in USA in 1999. They did not expect to see GSM to offer global roaming for US subscribers in 1998. They did not expect GSM to catch up in voice quality with Nokia's EFR technology and thus erase one of the key advantages of IS-95. They did not expect to see CDMA phones have more severe weight problems than Anna Nicole Smith. CDMA is doing well in USA... but it is not doing anywhere near as well as anticipated. At this pace it will not reach 50% market share among digital standards in America by 2003. And this will be a major victory for TDMA and GSM. Tero

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