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

To: LindyBill who wrote (47609)	11/3/1999 1:32:00 PM
From: im a survivor	Respond to of 152472

Thanks....I picked up a very small taste just in case she keeps rising, and will double up if she drops......This is one of those I am kicking myself in the rear end over. Have been watching it for awhile. Most everything else hit "correction" mode, I figured qcom would as well. So while I waited to buy on a dip, it has gone up considerably. In any event....I'm finally in, and will have 4 times the shares in a couple of months<<ggg>>. I don't know what the short term holds, but I do agree that long term qcom will continue to see tremendous growth. Have a great day all

To: LindyBill who wrote (47609)	11/3/1999 1:46:00 PM
From: 2brasil	Respond to of 152472

ot--U.K. sets date for '3G' license auction New mobile-phone licenses set to attract several bidders By Gareth Vaughan, CBS MarketWatch Last Update: 2:08 PM ET Nov 1, 1999 See: NewsWatch LONDON (CBS.MW) -- The U.K. government said Monday that it will auction five licenses for third-generation mobile phones next March. Several bidders are expected for the licenses whose technology will allow cellular-phone users to surf the Internet. Third-generation (or "3G") mobile-phone technology -- or the universal mobile telecommunications system (UMTS) -- will let people download e-mail, music and high-quality pictures from the Net, and hold video conferences on the move. The four mobile-phone operators currently active in the United Kingdom -- Vodafone Airtouch PLC (VOD: news, msgs); BT Cellnet, which is owned by British Telecommunications PLC (BTY: news, msgs); Orange PLC (ORNGY: news, msgs); and One-2-One -- are all sure to bid. Some of continental Europe's major players will be involved through them. One-2-One is owned by Deutsche Telekom AG (DT: news, msgs), Europe's biggest telecommunications group, and the German group's biggest domestic rival, Mannesmann AG, recently agreed to buy Orange for $33 billion. See full story. Other parties interested in the so-called 3G licenses include Energis PLC (ENGSY: news, msgs), which supplies telecom services to business customers, and the cable television operator NTL Inc. (NTLI: news, msgs), in which France Telecom SA (FTE: news, msgs) holds a 25 percent stake. "There will be five new licenses on offer, with the biggest reserved for a new entrant. That will boost competition," Patricia Hewitt of the Department of Trade and Industry said in a statement. Applications for those interested in bidding must be sent to the department by Jan. 12. NTL chances seen as good Analysts say the chances of NTL -- backed by France Telecom -- successfully bidding for one of the licenses are good. "NTL has big aspirations and is prepared to pay the most," said Justinian Clifford-Bowles, a London-based telecom analyst at Commerzbank Global Equities. However, Energis is also keen and is apparently working to line up a partner -- or partners. "We've made no secret of the fact that we're interested. We're evaluating options and talking to numerous possible partners," said Energis spokeswoman Leonne Toal. The interest on the part of Energis is seen to some extent as one of saving pennies. The most likely partner of that group -- which has a large fixed-line backbone network -- is a mobile-phone operator, analysts say. "Energis would be able to beam signals to buildings instead of digging up roads. Digging up roads and laying cable is extremely capital-intensive. UMTS has enough bandwidth to share, so there's room for a consortium," said Steve Wreford, a London-based telecom analyst at CCF Charterhouse. Although most of the attention is being focused on possible European bidders, U.S. companies may also be interested. "Any U.S. company looking for a key foothold in Europe could be interested," Wreford said. They won't come cheap Cost is likely to be one factor that narrows the field. Initial estimates are that the government will raise some $2.45 billion (1.5 billion pounds) through the 3G auction. The government has set reserve prices for the five licenses that total 500 million pounds. Analysts say the cost makes the possibility of consortia or pairs of companies bidding more likely. The control factor is viewed as the key reason for companies to pursue their own 3G licenses. Without one, telecom groups will have to rely on rivals for the chance to provide the services the new technology will enable. With many analysts predicting that growing numbers of consumers and businesses are set to ditch fixed-line telephones in favor of wireless phones, it's simply not an area that telcos want to be squeezed out of. "Unless you have the spectrum yourself, you're at the whim of other operators who own the license. It's a safety net, control. It's about the types of services you can provide customers," Wreford said. 3G technology should provide wireless broadband products and services to both residential and business customers from 2003. Over the next two years, a number of European countries plan to either auction or allocate spectrum for 3G services. "We are on track to hold the first 3G spectrum auction in Europe. This will give U.K. consumers early access to e-commerce on the move and the many other exciting possibilities that 3G will open up," Hewitt said. One pound equals $1.6399 based on London prices Monday. Gareth Vaughan is a reporter for CBS MarketWatch in London.