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

To: gdichaz who wrote (41243)	9/15/1999 5:44:00 PM
From: Ruffian	Read Replies (3) \| Respond to of 152472

Meeting Overview, from Yahoo Post> results of NY analyst mtg today by: Just_One_Ping_Only (38/Ballast Pt, CA) 37794 of 37798 Just spoke to my contact in NY, who was at the conference. QC's plans to sell whole handset division (not just mfr portion) by year-end..not a spinoff or partnership e.g. LWIN. Negotiations with SEVERAL suitors are still underway; no deal yet. QC expects 4th qtr earnings to meet or exceed (looked really good there) QC wants not just top dollar, but top strategy for spread of CDMA throughout global market. QC strategy will be weight of its current market share to that of today's 3rd or 4th runner, to enhance competition & spread of CDMA Pie-chart showed top handset mfrs:Nokia, Ericy, MOT, Siemens, Philips. Selling handset div to biggest dogs (i.e.Nokia, Ericy or MOT) might not be best for CDMA & therefore slow the spread of 3G CDMA throughout Europe/China. (And why would those guys need such a deal w/QC? They buy our chipsets already) my thoughts: -no firm $ale news here is still great news:QC is going to focus on what it does best-the develop. & spread of its technology,IPR w/resultant royalties -QC departure from mfr side phone-making is imminent; not whether but: when? to whom? for how much? -strong impression that a specific deal is almost done* -bidding war is underway w/strong candidates who NEED QC to leapfrog ahead & compete w/Nokia etc. -year end goal for sale will allow uninterrupted pre-holiday rollout of PCS thin phones (800MHz, 1.9Ghz & upcoming QCP 2760(?) -likely candidates look like either Siemens or Philips, imo regards to all; go QC longs!