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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 164.53-0.4%3:59 PM EST
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To: Robert who wrote (31268)5/28/1999 11:04:00 PM
From: JGoren  Read Replies (2) of 152472
 
I know Siemens tried to buy the whole company sometime back, but why Siemens? What involvement has it got in the cell phone business, and can it really exploit the handset business?

BTW, my guess is that Siemens is making the overture to Qcom and not vice versa. I don't see much percentage in Qcom selling the handset division at this point. The handset division keeps it on its toes for what the retail consumer wants; helps development of chips; and gives Qualcomm brand identification with the retail consumer. Every satisfied Qualcomm phone user is worth its weight in gold. Remember the name of the game is to develop "Qualcomm inside." Moreover, if the Thin Phone is as successful as we hope, it is better to wait to sell until the profits roll in.
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