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


To: slacker711 who wrote (4167)12/13/1999 4:55:00 PM
From: Ruffian  Read Replies (1) | Respond to of 13582
 
International
• Early next year, Vodafone UK and Nortel plan to test wideband-CDMA third-generation and Internet protocol
technologies.



To: slacker711 who wrote (4167)12/13/1999 6:44:00 PM
From: GO*QCOM  Read Replies (1) | Respond to of 13582
 
Not even an angel can save them now.



To: slacker711 who wrote (4167)12/13/1999 6:51:00 PM
From: Ruffian  Read Replies (1) | Respond to of 13582
 
WSJ-IDC-CDMA>

Interdigital Communications Surges 14%
On Investor Hopes

By JOHNATHAN BURNS

NEW YORK -- Interdigital Communications Corp. (IDC) took its second
consecutive double-digit gain Monday as investors speculated that another
company may be using the telecommunications concern's patented
technology.

Sometimes referred to as a baby Qualcomm Inc. (QCOM), Interdigital
completed a two-day run-up that began Friday when the stock jumped
60%. Over the past two days, the King of Prussia, Pa., company has seen
its shares soar 83%.

The stock was the second most actively traded issue on the American
Stock Exchange Monday. It closed at 20 that day, up 2 1/2, or 14.3%, on
volume of 5.7 million, compared with a daily average of 598,600. Earlier,
shares hit an intraday high of 22, past the previous 52-week ceiling of 18
1/4 set Friday.

There was no hard news out, only speculation that another company may
be using Interdigital's patented system for use in code division multiple
access (CDMA) - a form of digital cellular phone service.

Interdigital officials would not comment on those rumors. The patents are
already the center of pending lawsuit with Ericsson Telephone Co.
(ERICY). Interdigital recently received notice that it received two
reexamination certificates on three patents from the U.S. Patent and
Trademark Office.

Rip Tilden, Interdigital executive vice president of communications and
investor relations, said the company owns 800 patents around the world on
CDMA and time division multiple access - a technology used to separate
multiple conversations transmitted over the air.

Those patents should be worth substantial revenue as the world moves to a
third-generation standard for wireless data and voice transmissions, Tilden
said.

"We do feel we've got pretty good long-term growth prospects," he said.
"That seems to have given investors confidence in our long-term potential."

- Johnathan Burns; Dow Jones Newswires, 201-938-2020,
johnathan.burns@dowjones.com

Briefing Book for: ERICY | IDC | S.ERC