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

To: Kayaker who wrote (5679)	1/25/2000 10:14:00 PM
From: Kayaker	Read Replies (2) \| Respond to of 13582

01/25/00 Conf Call - Selected Transcribed Bytes - China qualcomm.com Timemark: 40:05 Question: Could you give us an update on what's going on in terms of the negotiations for CDMA in the Chinese market. Thank you. Timemark: 41:09 IJ: In China, we're very actively carrying on discussions. I think we've made substantial progress but I can't say we have managed to conclude those negotiations. They are active however, and it's just always difficult to say "This is the date we expect it to complete". I think there is alot of interest both on the Chinese side, certainly on our side, of trying to have this negotiation completed quickly, and we ourselves are putting alot of resources into trying to make that happen. We have recently assigned a new country manager in China. We have groups moving frequently between San Diego and China to bring in the latest information, etc. We're talking with a variety of Chinese manufacturers as well, and trying to set the framework for rapid deployment once this negotiation is completed, but I don't have a date to announce. Timemark: 43:10 Question: So in China, do you have any anticipation of when you'll be able to role systems out over there, when they'll role them out? Timemark: 43:38 IJ: With regard to China, there are some expansions of systems under way. I think you may have seen some announcements of contracts that have been awarded to expand some of the existing systems. Great Wall, I believe, has been active. Unicom has announced plans to award contracts shortly. They have been gathering information, but again, I don't have a date. There is basically a requirement by MII, the Ministry of Information & Industry to conclude any negotiation with Qualcomm before really allowing a major increase over there. And so, in some sense, there is a negotiation among several parties, including government parties, and so one is never quite sure when that will complete. Clearly, huge market potential in China, very very exciting, but on top of that very large potential one needs to make some profits, so we're trying to balance those 2 items. Question: So do you think by the end of the first half of this year you might have this done? IJ: I would be terribly disappointed if it weren't, yes.

To: Kayaker who wrote (5679)	1/25/2000 10:33:00 PM
From: Keith Feral	Respond to of 13582

Kayaker: Thanks for the select comments from the CC. I enjoyed reading IJ's comments that 1X was a no brainer for the wireless carriers since it doubled voice capacity AND provided high speed data. I couldn't help but to smile at the confidence of the entire mmgt team throughout the CC. They made so many bold statements that the company has traditionally stayed away from. For example, IJ said that negotiations with China were moving along rapidly, but he could not confirm a date by which the negotiations would be final. They also mentioned the fact that new customers for 1X chips would soon be announced.