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

To: Teri Stephenson who wrote (36474)	7/21/1999 9:26:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

How to spend $1bn Teri, Thanks for the url to: < ... From time to time we consider strategic transactions and alternatives with the goal of maximizing stockholder value. For example, in September 1998 we completed the spin off of Leap Wireless International, and in May 1999 we completed the sale of our infrastructure products division to Ericsson. We will continue to evaluate additional potential strategic transactions and alternatives which we believe may enhance stockholder value. These additional potential transactions may include a variety of different structures, including spin offs, strategic partnerships, joint ventures, restructurings, divestitures and business combinations...> It seems that Q! might have in mind a China/Hong Kong/Q! joint venture for cdmaOne and cdma2000 expansion in China. They might do a Siemens/Q! joint venture with a view to European sales. They will expand handset production lines. Blah, blah, blah. These things cost BIG money. They will want to increase Globalstar handset production. Nextwave Telecom will need a big heap of money sooner rather than later. HDR and cdma2000 need major input to get them ready to roll. The point is they are thinking of major business opportunities and expansion, not some short term stock manipulation or trying to dilute shareholders for little effect [to put money in the bank]. There are very, very big business opportunities to be taken. This takes money. That's it for me. In the absence of a market crunch, there won't be any big drops in Q! anytime soon. Mqurice