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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: JGoren who wrote (19741)12/14/1998 11:48:00 PM
From: SKIP PAUL  Read Replies (2) of 152472
 
The following extracts from Sprint PCS registration Statement implies that approximately $2 billion will be spent on extending its network in the current quarter. Qcom supplies at least the base stations for this build out. Add to this build outs by Primeco and BAM etc. and we potentially have a great Quarter for the infrastructure group. Comments?

Extracts from PCS registration Statements
=========================================

PCS Group's capital expenditures during the period July 1, 1998 through December 31, 1999 will total approximately $3.2 to $4.0 billion.

Capital expenditures for the network buildout include switches, base stations, towers, antennae, radio frequency engineering, cell site construction and microwave relocation.

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