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

To: cfoe who wrote (1684)	9/19/1999 8:10:00 AM
From: jackmore	Read Replies (2) \| Respond to of 13582

cfoent, Re: I found particularly interesting the reference to "...manufacturers currently not in the mobile phone business." I had offered up Compaq in a previous message, but got no agreement (and I'm probably wrong). However, who do we think could be in this category? A current PC maker? And would it make sense to go this route? It's fun to speculate, isn't it? In the non-mobile phone category, one Asian comes immediately to mind: Toshiba. They have a telecom division but I don't think they produce any wireless products. They are well versed in laptops which may be a plus going forward if phones and computers "morph" (as coined by another poster, I think Mile High). I believe they also have fairly extensive manufacturing resources and experience, as well as global brand recognition. But, I confess, I know nothing of their wherewithal to enter into such an arrangement. Maybe others here do. I have this feeling, as perhaps you do, that the Q may just hook up with someone unexpected by the Wall Street wonks. The choice won't be obvious until it's announced, then we'll hear what a logical (and obvious) choice it was! Just two more cents to add to the pile. Best, jack

To: cfoe who wrote (1684)	9/19/1999 9:22:00 AM
From: Sawtooth	Respond to of 13582

<<On subject of potential buyers of handset division ..... I found particularly interesting the reference to "...manufacturers currently not in the mobile phone business." I had offered up Compaq in a previous message, but got no agreement (and I'm probably wrong). However, who do we think could be in this category? A current PC maker? And would it make sense to go this route?>> Certainly isn't impossible, cfoent. Compaq, Dell and friends will be scrambling as the PC that we know today undergoes a significant transition from all-in-one-box-for-everyone to internet/email appliances for the masses, workstations for those who truly need spreadsheet/database/word processor functionality (the large minority), and the integrated wireless device which we'll all carry in our shirt pocket or purse to make calls, check our email and the web, and transact daily business such as financial transactions, schedule appointments, etc. I'll bet it happens that way in the next five years. Best. ...Tim

To: cfoe who wrote (1684)	9/19/1999 1:12:00 PM
From: JGoren	Respond to of 13582

Qcom wants to sell the handset division to a company not currently in the cdma handset business but which is in the handset business. This helps the sale to be accretive to Qcom immediately and helps to expand the business. Although literally thinking out of the box, making and selling handsets is a completely different thing from being a box maker. CPQ way too farfetched. At least, as of last week, it is my understanding that the company was not in discussion with a number of the firms whose names have been so prominently mentioned--Siemens in particular. The rumor (and that is worth little) is that the talks with Phillips stalled, but even if true that could be little more than Qcom taking time to talk with some of those who called after the press release to express their interest to see the lay of the land. Although Siemens could be a good candidate, Siemens and Qcom have talked before and never been able to make a deal. Given the inability to reach a deal in the past, I doubt the chances are much better this time. Since MOT and Nokia already make cdma handsets, those wouldn't be prime candidates even if they were interested. Frankly, trying to speculate on the buyer is a waste of time. Now that it is public, the company will have the best opportunity to find the best, available deal. Every buyer has positives and negatives, and the ultimate decision will be based on what can be negotiated from the available alternatives. One of the darkhorses could easily make an offer that Qcom couldn't refuse. We--and management--will just have to wait and see.