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

To: DWB who wrote (36709)	7/22/1999 2:04:00 AM
From: Robert	Respond to of 152472

I also thought the comment about "others laying people off" due to problems with their developments was interesting. Any thoughts on who that might be LGS, SONY, ROCKWELL (more related to restructuring in preparation for the cnxt spin-off than development problems) Robert.

To: DWB who wrote (36709)	7/22/1999 2:22:00 AM
From: gc	Read Replies (1) \| Respond to of 152472

Doesn't Q has patent on CDMA technology and LSI has to pay loyalties to Q? If that's the case, then why is LSI a threat or a competitor?

To: DWB who wrote (36709)	7/22/1999 2:22:00 AM
From: Ruffian	Respond to of 152472

Timing Looks Good Siemens> Top Financial News Thu, 22 Jul 1999, 2:17am EDT Siemens 9-Month Profit Before Items Rises 17%; Infineon Returned to Profit By Sonja Heizmann Nuremberg, July 22 (Bloomberg)-- Following is a summary of Siemens AG's third quarter earnings: Expected Reaction Limited. Siemens, Germany's largest electronics and engineering company, said nine-month profit before one-time items rose 17 percent to 2.1 billion marks ($1.13 billion) from 1.783 billion. Six analysts expected an average profit of 2.11 billion marks. Estimates ranged from 2.09 billion marks to 2.15 billion marks. Sales in the nine months ended June 30 climbed 12 percent to 92.2 billion marks from 81.9 billion. Analysts forecast average sales of 93.91 billion marks. Behind the Numbers The company, whose products range from mobile phones to power plants, has stepped up a 2-year-old reorganization effort to boost profitability and restore the confidence of investors, who have been criticizing Siemens for not keeping pace with rivals such as Royal Philips Electronics NV. Siemens said last autumn it will shed businesses accounting for 15 percent of total sales to revive lagging profit. The company broke off its computer chip unit into a separate division in April and might sell shares in it as early as October. Last year the unit, which is now called Infineon Technologies AG, posted a loss of 1.2 billion marks in fiscal 1998. It also plans to sell shares in its components joint venture with Matsushita Electric Industrial Co., by the first quarter of next year. What the Experts Say ''It is important that the trend is continuing,'' said James Stettler, an analyst at Dresdner Kleinwort Benson, referring to a 21 percent gain in net income in the second-quarter. Stettler rates the stock a ''buy.'' Market Development Siemens shares have been the fourth best performer in Germany's benchmark DAX index this year, rising 39.29 percent, compared with a 8.44 percent gain for the index as a whole. Previous Market Reaction Siemens' shares rose 4.3 percent on April 21 after the company reported second-quarter profit rose a more-than-expected 21 percent to 751 million marks, as the acquisition of Westinghouse's power business boosted sales and computer chip prices recovered.