Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.34

+1.6%

12:36 PM EST

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To: Robert who wrote (24465)	3/19/1999 6:06:00 PM
From: JGoren	Read Replies (3) of 152472

3G Deal done. ITU would not come up with standard if both Ericy and Qcom didn't sign off. Somehow the Dow Jones release didn't seem to get wide or fast dissemination. I am anticipating things this weekend to get very interesting--maybe with a formal announcement. While the price has increased substantially and there may be some who sell on news, I would have to think that Qcom price will improve a lot more. IMHO analysts will revise their earnings projections upward to $4.00 per share. I think it is very telling that the first release (leak) is not from Brazil but from Japan and from a governmental source. As we discussed awhile back, Japan needed a resolution of 3G badly and DoCoMo was applying lots of pressure.

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