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

To: mthomas who wrote (40909)	9/14/1999 11:11:00 AM
From: slacker711	Read Replies (1) \| Respond to of 152472

Excuse me, but that is not* what they said? eom* You kind of confused me by putting the question mark at the end of your comment. I am going to assume that you disagree with my speculation....The following is from the press release from the Q. QUALCOMM is considering several strategic options for its terrestrial-based phone business that currently holds an industry leading position in CDMA handsets. With increased competition, parts shortages and industry consolidation reducing margins in consumer products, QUALCOMM desires to transition the business to a manufacturer that will support its customer base and employees while providing economies of scale, a strong purchasing base and other operating efficiencies. Discussions are underway with a number of companies that have expressed interest. QUALCOMM has set an objective of completing discussions and entering an agreement before the end of the calendar year. I think that most of that statement could be taken to mean that they were selling the manufacturing aspect of the handset division to a conntract supplier. I'm just speculating...we'll find out during the conference call. Slacker