Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

3:59 PM EST

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To: Clarksterh who wrote (25235)	3/26/1999 3:06:00 PM
From: Ramsey Su	Read Replies (2) of 152472

Clark, what I got out of the conference call was, aside from some face saving gestures, ERICY received a NET discount on the CDMA license. This discount is probably so small that it is well worth getting them out of the way. I think one of the callers (did not catch name) got it right. He asked "what is the downside for QC on this deal, looks like you guys ripped ERICY off ..." (not exact words). What I think is most important is the fact that CDMA is the de facto standard for wireless communications going forward. It is funny that Maurice was praying for his 80 target for 8 years while his second target of 100 was blown through in 2 seconds while he is sleeping. Ramsey

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