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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Gregg Powers who wrote (32419)6/16/1999 10:07:00 AM
From: JohnG  Respond to of 152472
 
PART 1-Global Wireless Bus Apps from YAHOO

( BW)(MD-WIRELESS-INTERNET) Wireless Internet & Mobile Computing
Reports Financial Applications To Spark Growth of Emerging Global Wireless
E-Commerce Business
[Bus.Eds./High-Tech Writers/CHEVY CHASE,MD--BUS.WIRE,19990616]
businesswire.com
International opportunities will be created through "killer combos" of wireless-based
financial products and services.
Wireless Internet & Mobile Computing, one of the world's leading consulting firms
for wireless computing, reports that financial applications -- including stock trading,
banking and credit card authorizations -- will be major drivers in creating an
international market for wireless data products and services. Wireless financial
applications already are available in the United States, Europe and Asia, but these
efforts will blossom within the next two years as millions of data-enabled phones
and two-way pagers are introduced, says Wireless Internet & Mobile Computing.
However, the consulting firm cautions that the success of the emerging wireless
financial business will require more than just the right applications. Success is
dependent upon reliable wireless networks, appropriate pricing for the hardware,
airtime and transactions, aggressive marketing and rock-solid security.
"Just as many consumers are apprehensive about using their credit cards to
purchase goods and services over the Internet, so will wireless subscribers be
concerned about the security of financial transactions," says Alan A. Reiter,
president of Wireless Internet & Mobile Computing.
The good news is several companies are working on security solutions, the
consulting firm notes. For example, Diversinet (http://www.dvnet.com) in Toronto,
Canada, is embarking upon a major effort to provide security software for pagers
and digital cellular/PCS phones. Diversinet's security solutions are specifically
designed to be "wireless-friendly" to accommodate the bandwidth and memory
constraints of wireless devices.
C O N T I N U E D . . . . . . . . . . .



To: Gregg Powers who wrote (32419)6/16/1999 10:09:00 AM
From: JohnG  Respond to of 152472
 
Part 2--Global Wireless Bus Apps from YAHOO

"Europe and Asia have been pioneering wireless financial applications for the past
six to 12 months, says Reiter. "The U.K., France, Germany, Singapore, Hong and
Japan are among the countries offering such wireless services as banking and stock
trading," Reiter says.
The Chevy Chase consulting firm says the market for wireless financial services in
the U.S. received a shot in the arm when BellSouth Wireless Data and Fidelity
Investments began its Instant Broker stock trading service using two-way pagers
from Research in Motion via BellSouth's nationwide packet network.
In addition, subscribers to Cellular Digital Packet Data services in the U.S. receive
financial information through Reuters.
In Canada, Scotiabank is working with Rogers Cantel to offer wireless banking.
capabilities. In Germany, Psion is working with Netlife, a developer of Internet
payment systems, to provide software for wireless banking and brokerage services.
Wireless banking is promoted in Asia by Citibank and in the U.K. by Barclays. In
concert with network operators and software developers, major wireless equipment
vendors are developing "smart" phones for a variety of data applications, including
finance, says Wireless Internet & Mobile Computing. Nokia in Finland, Ericsson in
Sweden and the U.S., Alcatel in France and Siemens in Germany are among the
leading handset manufacturers that already offer such advanced wireless phones.
The consulting firm says that rather than creating a single "killer app," the financial
industry has an opportunity to create more lucrative "killer combos" of services. A
wireless financial package could include: banking (everything from accessing
account balances to transferring funds between banks), stock trading (combined
with breaking news and financial analysis) and credit card authorizations (including
alerts whenever a subscriber's credit card is used).
"There's simply no doubt that of all the possible enhanced services for wireless,
financial applications are at the top of the list," says Reiter. Reiter has been
anticipating mobile communications trends for 20 years, and his consulting firm
helps jump-start the development of enhanced wireless offerings, including wireless
Internet, wireless e-commerce and wireless portals. Reiter created the world's first:
wireless computing newsletter, wireless computing conference and cellular
conference, and helped launch the first cellular magazine.

CONTACT: Wireless Internet & Mobile Computing
Alan A. Reiter, 301/951-0385
630/982-1994 (FAX)
reiter@wirelessinternet.com
Web site: wirelessinternet.com.



To: Gregg Powers who wrote (32419)6/16/1999 10:27:00 AM
From: Ramsey Su  Read Replies (1) | Respond to of 152472
 
Gregg,

I don't think the "market" has any idea what MOT, CDMA, Brazil or Timbutu have anything to do with QCOM. As you (at least I think it was you) once said, there are so many playing the stock market as if it is a video game these days. In due time, we may find out whether it is short covering, margin calls or whatever the reason may be that drives high momentum stocks like QC.

There were no real reason why it jumped 11 yesterday, just as irrational as the 6 point drop the day before.

With all the self acclaimed LONG TERM investors on this thread, why would anyone be excited over a daily movement anyone.

As for the pdQ, I have long opined that it is a R&D project and has no immediate commercial value. I hope expectations are not too high for this gadget for it is just that, a gadget.

The thin phone is another story. I suspect that in due time, we would find that QC had made some very smart strategic decisions with the thin phone. Knowing the product is likely to be a big seller but production is limited right now, what would you do if you are QC.

Well, you can sell this killer app to the strong customer, such as Sprint PCS, or you can use it to help out the weaker customers to gain market share, both domestically and internationally. After they ramp up production, they can always count on selling some to the Sprints and BAs.

On the other hand, Dr J never asked me for my opinion so I could be all wrong. <g>

Ramsey