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To: RoseCampion who wrote (42960)	9/30/1999 6:02:00 PM
From: Ruffian	Respond to of 152472

Correction> Thursday September 30 5:36 PM ET Corrected: Qualcomm To Evaluate Stake SAN DIEGO (Reuters) - Wireless communications company Qualcomm Inc. (Nasdaq:QCOM - news) said Thursday it will be evaluating its $50 million stake in Russia's Metrosvyaz following the decision by Leap Wireless International Inc. (Nasdaq:LWIN - news) to withdraw its support for the Russian wireless firm on grounds of ''serious financial irregularities.'' Qualcomm said the results of its inquiry may result in a one-time write down in the fourth fiscal quarter of 1999. The company said it continues to expect that its fourth-quarter earnings, excluding nonrecurring charges, will meet or exceed Wall Street estimates of 88 cents per share. Qualcomm shares closed at 187-3/4 Wednesday on the Nasdaq stock market. Leap Wireless shares closed at 23-13/16 on the Nasdaq. Leap said Wednesday it had ceased funding its loans to Metrosvyaz, in which it has a 35 percent stake. Metrosvyaz, which is attempting to establish joint ventures in Russia to operate a wireless local loop service, announced in April its plans to strike similar deals in 26 Russian regions. Ericsson is the equipment supplier for the first eight regions. Leap said Wednesday it had started a special audit of Metrosvyaz's books and contracts and that the normal year-end audit of Metrosvyaz and the preliminary results of the special audit have disclosed serious financial irregularities. Leap did not elaborate on what those irregularities might be.

To: RoseCampion who wrote (42960)	9/30/1999 6:21:00 PM
From: JohnG	Read Replies (3) \| Respond to of 152472

Ferspang. From Yahoo on obsolete DSL. JohnG Don't let the shorts get to ya' by: ferspag 40562 of 40563 Jacobs comments about the wireless web were very revealing. I went back and read the Gilder report on QCOM from June 1998. It talked about the Q's pathway to the wireless internet in great detail. He mentioned that QCOM's technology would make DSL technology obsolete. I can see the wave developing right now for the wireless internet. The DSL co's have wasted too much time trying to set up a shared line to the internet via fiber optic. The amazing thing about the Q's spread spectrum approach is that every user will have an independent connection to the net. Speed will now be a constant factor since everyone has their own connection.

To: RoseCampion who wrote (42960)	9/30/1999 9:24:00 PM
From: Thomas Tam	Respond to of 152472

If HDR can deliver at 2 Mbps, and its cost was the same as cable as it is now (don't have U.S. $ value, but $40 per month in Canada), would HDR take market share from cable/DSL? In Canada, cable is available and advertised as upto 10 Mbps, but with its shared bandwidth, often its performance drops to 128 kps or even stalls when multiple users are on the system. The cable providers here have the same thinking as AT&T and their wireless play. Maximize the number of subscribers on antiquated lines/spectrum/equipment. Often in AT&T Canadian wireless, you have dropped calls or unable to connect difficulties, which is why no one recommends using AT&T/Cantel wireless service. Its great they offer 500 minutes for $40, but if you can't use them, why bother. DSL is around $1000 per year here, but not portable. There are not enough DSL users in my area and it is limited to specific sectors in the city. If I could have portable HDR at 2 Mbps, for the same cost, why wouldn't I take wireless internet access. One caveat is that cable so far has unlimited downloads, with HDR, there would probably be some cost per data. A friend of mine mentioned a couple of years ago that one day we will all pay for internet service by the tera/giga/mega/bit. At the time , I thought he was delusional, but he may have been a visionary. Just a thought regarding HDR/cable/DSL. Later

To: RoseCampion who wrote (42960)	9/30/1999 11:43:00 PM
From: Tom Kearney	Respond to of 152472

If you can get DSL - it is almost free - in a sense. The cost includes ISP services, so you can cancel AOL, and if you're a real nethead, and are already paying for a 2nd phone line for the net (you are aren't you?), you can cancel that, too. DSL uses the existing line. Here in LA, after 6 months, my service remains flawless. Talked to my mother the other day: DSL will be available to her in October, but will be $10 cheaper if she waits till Jan. My advice? Get it ASAP. I mean how much is your time worth?