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

To: Ruffian who wrote (50705)	11/17/1999 3:35:00 PM
From: T L Comiskey	Read Replies (2) \| Respond to of 152472

Ruff........Wednesday November 17, 3:12 pm Eastern Time Qualcomm sees possible acquisitions NEW YORK, Nov 17 (Reuters) - Wireless telephone technology developer Qualcomm Inc. said on Wednesday it may consider acquisitions to broaden its product and technology mix and gain skilled workers. ``We have historically grown internally, but there is the possibility of acquisitions. It is one possibility to gain additional capabilities and talented people,' Qualcomm Chairman Irwin Jacobs said at the Warburg Dillon Read Global Telecom Conference. Jacobs did not comment about the type of companies Qualcomm may acquire or the time-frame of any possible deal. Jacobs also said China's recent accord with the United States that paves the way for China's entry into the World Trade Organization may open opportunities. ``In the past I've been a little discouraging on the China side, but now I'm a little encouraging,' he said. Jacobs said Globalstar, the global satellite telephone company in which Qualcomm owns a six percent stake, should see its business grow substantially next year. Globalstar has launched service with so-called friendly, or non-paying, customers but it is preparing to provide service to paying customers shortly, he said. More Quotes and News: Qualcomm Inc (NasdaqNM:QCOM - news)