Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: MMW who wrote (26643)	4/10/1999 6:06:00 AM
From: Robert Scott	Read Replies (1) of 152472

Sale of the infrastructure business to Ericson will greatly improve margins because it was a huge money loser. As CDMA expands worldwide, ASICs business will do well so I believe its really a question of their competitive position in handsets and the wireless business generally. If you think wireless will be strong and that QCOM can compete with the heavyweights, invest in the company. I might add that owning many of the patents for the new world standard and the idea that we will do more and more with cellphones in the future has me convinced of the opportunity.

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