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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (47911)12/22/1999 5:15:00 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 122087
 
QCOM<--contrary to mkt reaction ..The news is very Bullish..and very much expected Now QCOM can concentrate on Controlling the world's access to CDMA tech.

" Qualcomm, whose shares have surged more than 18-fold this
year, is selling the handset business to focus on making
chips and collecting royalties from companies that use its CDMA
technology. In return, Kyocera gets a share of the CDMA handset
market, now dominated by Motorola Inc. and Nokia Oyj.
``It gives them a good foothold in the U.S. market, where
CDMA has a relatively high market share,' said David Powers, an
analyst at Edward Jones & Co.
Kyoto, Japan-based Kyocera said it expects to make 16
million CDMA handsets in the fiscal year ending March 31, 2001.
"

QCOM is very smart!!!