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

To: marginmike who wrote (1507)	9/14/1999 2:59:00 PM
From: 2brasil	Respond to of 13582

Qualcomm sold 1.7 million phone handsets in its third quarter, and the business rings up about $1.6 billion in sales a year. That would make a sale of the operations worth around $1 billion, financial analysts estimated. Smaller telecommunications players could also see a purchase as a way to boost their profile in the booming wireless industry, said Mark Cavallone, an analyst with the S&P Equity Group. ''It would be an easy way for a manufacturer to break into CDMA or expand a CDMA product line,'' Cavallone said. dailynews.yahoo.com Analysts have anticipated such a move, saying Qualcomm's future lies in making the chipsets that power CDMA phones and in raking in royalties from other telecommunications players who license its numerous CDMA paten