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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: engineer who wrote (657)8/8/1999 6:16:00 PM
From: limtex  Read Replies (1) | Respond to of 13582
 
Engineer -

Great main feature in August PC Magazine all about portability and connectivity. Big feature and loads of goodies for techies like me!!

The Q get two good mentions and one huge ommission.

The two mentions are the PdQ and the Thin Phone. After praising the PdQ is coments on the Thin Phone:-

"But the Qualcomm Thin Phone could make an equally big impression once users discover how much they can do with a 4-ounce phine that measures 5.5 by 2.0 by 0.7 inches"

What extra things can the thin phone do ?

The ommision is the wireless knowledge. They tried three systems for wireless conectivity, seemingly trying to find mobile web connectivity with country wide coverage. The nearest they found to it waas AT&T Wireless which AT&T says can give speeds up to 19.2Kbps but PCM only managed to get 2.2 Kbps to 12.5 Kbps.

That a little slow for today's web surfing!

Now I was wondering:-

1. Whether Wireless Knowledge is going to provide some better country wide wireless access.

2. Whether we can get better bandwidth using the CDMA of a PdQ or a Thin Phone and whether they are going to be be equiped to be able to work easily with notebooks so as to make an effective wireless road warrior.

3. Does anyone know of any other current wireless access system.

4. Am I right in assuming that CDMA will provide Country
Wide wireless access for road warriors and TDMA will be unable to compete.

Best regards,

L



To: engineer who wrote (657)8/8/1999 8:54:00 PM
From: GO*QCOM  Read Replies (2) | Respond to of 13582
 
What do you make of this?AMEX LISTS 7.0% RESET PERQS(SM) DUE AUG. 15, 2001 LINKED TO QUALCOMM INCORPORATED NEW $18 MILLION ISSUE FROM MORGAN STANLEY DEAN WITTER Offers Investors Shares of QUALCOMM Common Stock at Maturity
NEW YORK, Aug 5, 1999 /PRNewswire via COMTEX/ -- The American Stock Exchange(R) today began trading Morgan Stanley Dean Witter & Co. 7% Reset Performance Equity- linked Redemption Quarterly-pay Securities(SM) (Reset PERQS(SM)), mandatorily exchangeable for shares of QUALCOMM Incorporated Common Stock at maturity. Trading under the ticker symbol MQP, the $18 million offering consists of Reset PERQS issued at $1,436.39 each, with a maturity date of August 15, 2001.

Reset PERQS are similar to other debt securities in that they make fixed quarterly interest payments, in this case at an annual rate of 7% on the $1,436.39 principal amount of each Reset PERQS beginning November 15, 1999 (equivalent to $100.5473 per annum). Unlike ordinary debt securities, among other things, the Reset PERQS do not guarantee the return of principal at maturity. In addition, Reset PERQS are unique in that:

At maturity, holders of the Reset PERQS will exchange each $1,436.39 principal amount of Reset PERQS for a number of shares of QUALCOMM Incorporated Common Stock determined by the applicable Exchange Ratio.

The initial Exchange Ratio is set at 10 QUALCOMM Incorporated Common Stock per Reset PERQS and may be subject to adjustment on the First Year Determination Date and at maturity in order to cap the value of the QUALCOMM Incorporated Common Stock to be received upon delivery of the Reset PERQS.

The Cap Price may be adjusted to the greater of $210.79, or 150.564% of the $140.00 closing level market price of QUALCOMM Incorporated Common Stock on August 3, 1999, the date the Reset PERQS were priced.

In the Second Year, the Cap Price may be adjusted to 146.75% of the closing level of QUALCOMM Incorporated Common Stock on August 15, 2000, subject to a minimum equal to the First Year Cap Price.

The maximum a holder of MQP can receive at maturity is QUALCOMM Incorporated Common Stock worth $3,093.34 per Reset PERQS.

The specialist is Spear, Leeds & Kellogg.

QUALCOMM Incorporated Common Stock is traded on the Nasdaq National Market under the ticker symbol QCOM. QUALCOMM Incorporated is not affiliated with the issuer nor involved with this offering in any way. QUALCOMM is a leader in developing and manufacturing communications technologies and products.

The Nasdaq-Amex Market Group(SM), which operates The Nasdaq Stock Market(R) and the American Stock Exchange(R) (Amex(R)), is a subsidiary ofthe National Association of Securities Dealers, Inc. (NASD(R)), the largest securities-industry, self-regulatory organization in the United States. The union of Nasdaq(R) and Amex creates the world's first financial market that brings together central auction Specialist and multiple Market Maker systems.

The Amex trades options on 31 broad-based and sector indexes and 1,033 domestic and foreign stocks, as well as Long-term Equity AnticiPation Securities(R) (LEAPS(R)) on 145 stocks. The Amex is a leader in listing warrants on indexes, hybrid instruments and other structured products and is home to the Index Share(TM) Marketplace, which includes SPDRs(R), Select Sector SPDRs(R), DIAMONDS(SM), MidCap SPDRs(TM), WEBS(TM) and Nasdaq-100 Shares(SM).

For more information about Nasdaq-Amex(SM), visit WWW.NASDAQTRADER.COM or the Nasdaq-Amex Newsroom(SM) at WWW.NASDAQ-AMEXNEWS.COM.

For further information on Morgan Stanley Dean Witter & Co. Reset PERQS(SM) Due 2001 exchangeable for shares of QUALCOMM, Inc., please contact the Capital Markets Group at the Amex at 212-306-2064.

SOURCE American Stock Exchange (C) 1999 PR Newswire. All rights reserved. prnewswire.com CONTACT: Mike Shokouhi of American Stock Exchange, 212-306-1647  WEB PAGE: nasdaqtrader.com  nasdaq-amexnews.com  GEOGRAPHY: New York  INDUSTRY CODE: FIN 

August 5, 1999 10:19am