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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST
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To: limtex who wrote (18291)11/13/1998 10:43:00 AM
From: Harvey Rosenkrantz  Read Replies (2) of 152472
 
The reason that wK will be successful is that for certain things the large telecoms have come to rely on outside services. A simple example is information services. When you dial 411 you now most likely will get someone at a remote location (not in your home town) and often from a company that has contracted to provide those services.

If wK becomes the premier provider of wireless digital and internet interface, they do not have to have every one of these 800lb gorillas as their customers.

On another topic (3G):

I just saw a blurb on the EU vs America "banana wars". For those who are not current on the latest world conflicts, the EU has written import specifications that favor bananas from former colonies in Africa and the Carribbean(?sp) over those from Central and South America.
This is a huge chunk of business that by virtue of higher pricing due to the tariffs and non tariff barriers (size, shape & texture) virtually excludes these growers. This battle has been ongoing to my knowledge for at least 7 years and if one were to do diligent research I suspect that the duration has been much longer.

The point about the bananas is that the EU is quite capable of making self serving, ethnocentric, arbitrary decisions affecting world trade and sticking with them ad nauseum. It will be an uphill battle to try to force them to open their markets. It would be much better to come to a negotiated settlement.
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