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

To: Kent Rattey who wrote (39878)	9/6/1999 12:38:00 AM
From: Catcher	Respond to of 152472

let's hope mr. kim knows what he is talking about...cdma as the future of the industry

To: Kent Rattey who wrote (39878)	9/6/1999 7:48:00 AM
From: Kent Rattey	Respond to of 152472

Monday September 6, 7:17 am Eastern Time Bell Atlantic tie-up talks boost Vodafone LONDON, Sept 6 (Reuters) - Shares in Vodafone AirTouch Plc rang up a healthy gain on Monday as investors welcomed confirmation from the company it was in talks with America's Bell Atlantic Corp (NYSE:BEL - news) about creating a possible pan-U.S. mobile 'phone network, dealers said. Vodafone -- one of London's largest listed companies -- jumped 2.74 percent or 34 pence to 1276p by 1022 GMT immediately after the company said that it ''is continuing to review a number of options for developing its U.S. mobile operations, including a possible alliance with the U.S. mobile network of Bell Atlantic.'' The statement, issued in response to long-standing press speculation about a possible merger of Vodafone's western U.S. operations with Bell Atlantic's eastern networks, added that the Bell talks were continuing but ''there could be no assurance that any agreement will be reached.'' A deal with Bell would give Vodafone access to over 20 million U.S. customers -- including in the highly prized New York City area -- and would fulfil what analysts have been saying has long been the most pressing issue for the company: winning the race to achieve nationwide U.S. coverage. In addition to hopes for a positive outcome to the Bell talks this month, analysts -- many of whom met Vodafone's management last Friday -- were positive about the company's future plans. Goldman Sachs have the stock on its top-ranking ''Europe Recommended'' list with a price target of 16 pounds, while CSFB recommends investors ''buy.'' CSFB said on Monday that the company's core business was progressing well worldwide and that strong subscriber growth should underpin positive short-term news. ''The company is continuing to invest heavily -- in the UK its capacity is increasing faster than its subscriber base,'' CSFB analyst Robert Mocatta said in a note, adding that the company would not suffer any capacity constraints until at least 2003.