Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 171.72

-4.1%

12:10 PM EST

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To: straight life who wrote (25009)	3/25/1999 1:06:00 PM
From: idler	Read Replies (1) of 152472

I attended the conference at the Waldorf -- Dr. Jacobs did say he was "quite pleased with the results" and that Q is "excited about earnings growth prospects" for all aspects of the business. Ericsson will acquire Q engineering talent from infra biz and create global tech center in San Diego. Questions for Dr. Jacobs re Q future: Q will continue to manufacture ASICs, provide software to other manufacturers, will retain ability to make infrastructure equipment for Nortel and can manufacture multi-mode phones with no additional size implications; believes can continue to compete in phone market, which "goes hand in hand w/ ASICs." However I heard concern after the meeting as to whether Q had given up too much.

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