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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: DaveMG who wrote (22035)	1/28/1999 8:55:00 AM
From: DaveMG	Read Replies (1) of 152472

Posted 28/01/99 1:05pm by Tony Smith Qualcomm to drop Eudora? Qualcomm looks set to sell or close its Eudora Internet software division, according to anonymous sources cited on US Web site MacOS Rumors and allegedly confirmed by sources at Apple and Qualcomm. The move ultimately follows Qualcomm's acquisition of utilities specialist Now Software back in November 1997. The company was bought to allow Qualcomm to integrate Now's eponymous contact manager and personal organiser software (it sold off Now's other utilities to Power On Software last year) into the Eudora line of email software. The acquisition, the development of Eudora Planner (as Now's PIM has now become), falling sales of Eudora Pro (Eudora Lite has always been available free of charge) in the face of solid email applications being bundled with the leading Web browsers, and its advertising-funded email-for-life service less popular than those offered by top-ranking portals like NetCenter and Excite, has hit the division's finances hard. No final decision has been made on the Eudora division's future, but Qualcomm -- better known as a telecoms infrastructure company; the fit with Eudora was always a puzzling one -- does appear to be looking either at a sale or simply shutting the division down. ® theregister.co.uk

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