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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: A.J. Mullen who wrote (1499)1/15/1997 10:05:00 PM
From: Maurice Winn   of 1819
 
AJ, NextWave got more pops later, boosting their 90 million pops to about 110 million and just the other day got another bunch of licences giving them very wide coverage. The arithmetic was right.

Qualcomm stands to gain a lot from NextWave success. Shareholder profits as well as infrastructure and handset sales. I guess Qualcomm is going to be focussing its infrastructure sales on NextWave since they have announced very few sales themselves - Lucent and Motorola selling most of the systems. I suppose they have been extremely busy for some time producing the goods for a rapid rollout.

As Jim rightly points out, this is real money we are talking about, but as long as timing is fine, which it seems to be, then the installation of the network and subscriber growth is going to be quite spectacular.

They wouldn't want to have had a year's delay in court or a year fumigating bugs in the software running CDMA. It better be ready to roll.

Don't panic, profits to the brave, smart and right!

Maurice
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