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Technology Stocks : Interdigital Communication(IDCC) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Lurgio who wrote (3411)1/17/2000 12:55:00 AM
From: w molloy  Read Replies (2) | Respond to of 5195
 
Jim and all

If NOK are joined at the hip to IDC, why would they be expanding their San Diego facility? Surely they should be located closer to IDC?



San Diego North County Times newspaper Saturday, January 15th.

A new 190,000 square foot facility was dedicated on Friday in Scripps Ranch (SD,CA) for wireless
phone maker Nokia,
the world's top seller of wireless phones. The center will employee more than 500 people, mostly
engineers developing
products based on CDMA technology pioneered by San Diego based Qualcomm.

This is Nokia's sole CDMA center for the world, said Larry Paulson, vice president of product line
management for CDMA.
Nokia has been in San Diego since the early 90's, but have started to take a strong stake in the San
Diego community in the
last two years. Nokia's head count has grown from 100 to 300 to now over 500. Plans are to grow to
nearly 1000 people
concentrating on CDMA technology.



To: Jim Lurgio who wrote (3411)1/18/2000 3:41:00 PM
From: Bux  Read Replies (2) | Respond to of 5195
 
If it?s about engineering skills then I disagree. I consider Nokia asking IDC for help versus the Q a very strong point.

Jim, with all due respect, I don't think this is a point in favor of IDC. Qualcomm has been hiring all the qualified engineers they can get their hands on. They are not about to put that talent to work at the discretion of NOK, Q has their own projects they need the engineers to focus on to increase shareholder value. If IDC has surplus engineers just waiting to help out NOK, I don't think is a net positive for IDC. To try to characterize it as such just doesn't stand up to the rationality test.

It would appear to me that anyone buying IDC at these levels (or not selling at these levels) has a warped sense of risk/reward ratio.

Bux