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

To: Eric L who wrote (2470)	10/18/1999 8:57:00 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 13582

There is an analogy here to RCA during the 1920's - 1940's. RCA assembled and held most of the patents for the AM superheterodyne radio, both the receiver and the transmitting equipment, including many of the vacuum tubes used in this equipment. Later RCA added key TV patents, including those for color TV, which is why RCA was the key player in both fields for about two generations. QCOM is now doing the same thing for wireless voice and data, and it looks like the bandwidth available on wireless could take care of most needs, including even certain video applications. Thus, QCOM becomes the RCA of the second millenium. N.B. The only major set of radio patents RCA didn't have were those for FM radio, given free to the industry by the inventor, Col. Armstrong.