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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.58

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3:59 PM EST

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To: Ruffian who wrote (24116)	3/12/1999 8:19:00 PM
From: Maurice Winn	Read Replies (1) of 152472

More "Huh?" //Despite all the hype leading up to its launch, CDMA (Code Division Multiple Access) in Asia remains pretty much stuck at the starting post.// Japan is going flat out, Korea is full up, Australia is going to cdmaOne, so will NZ other than Vodafone, China is holding fire while the find out about 3G, put the squeeze on royalties and the USA and while they sort out their political ownership of networks. That is quite a bit of Asia! Q! is running all day every day and expanding production. Licensees are pouring out handsets. Revenues for Q! are soaring. This is not 'stuck at the starting post'. //...increasing concerns about its ability to upgrade into a third-generation system.// What?!! Q! cdmaOne will be the most easily upgraded. GSM will not upgrade at all. It will be overlaid. Singapore and China are waiting to see what chip rates etc are selected and there is leaning on Q! That doesn't mean things are stopped at the starting post. It just means those who think they can stop the race are stopped at the starting gate - good luck to them - everyone else is racing ahead. Tammy is projecting the Singapore comments some time ago onto all of Asia, which is a bit of a stretch. They had had slower growth than expected and could afford to wait until 3G was sorted out to ensure backward compatibility of any system to be installed in Singapore. Good grief! Mqurice

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