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

To: LBstocks who wrote (65696)	2/1/2000 2:01:00 PM
From: qbull	Respond to of 152472

the china deal seems better than i had ever dreamed! royalties and chips across the board! can you imagine if the cdma market truly doubles in one year? the analysts' current numbers don't account for china - they should revise their outlooks upwards shortly

To: LBstocks who wrote (65696)	2/1/2000 5:51:00 PM
From: Ruffian	Read Replies (2) \| Respond to of 152472

Qualcomm Deal Opens China to Its Technology By Michael Fitzpatrick LOS ANGELES, (Reuters) - High-flying mobile phone technology company Qualcomm Inc.(NasdaqNM:QCOM - news) said on Tuesday it signed a deal to open up China's giant market to its CDMA technology, the base of new, high-capacity wireless networks. The stock of San Diego-based Qualcomm jumped 9-1/16 to 136-1/16 on Nasdaq after news that it signed a deal with China United Telecommunications Corp., China's second-biggest state-owned telecommunications company. The accord provides for the licensing of Qualcomm's intellectual property for the manufacture and sale of code division multiple access (CDMA) wireless equipment by Chinese manufacturers. The financial terms have not been disclosed. ''This finally opens up the possibility of very widespread deployment of CDMA technology in China, so we're very excited,'' Qualcomm Chairman Dr. Irwin Jacobs told Reuters in an interview. Jacobs noted that wireless penetration among China's 1.2 billion people was still low, at around 3 percent. The rise in Qualcomm stock followed a gain of 16-7/16, nearly 15 percent, on Monday amid anticipation of a deal. Qualcomm was one of Wall Street's best-performing stocks last year. It closed at a record high of 179-5/16 on Jan. 3, then slid during the rest of the month. The installation of CDMA equipment in China Unicom's wireless network is expected to begin promptly, Qualcomm said. Qualcomm said it expected to start rolling out the technology in earnest in China next year. ''2001 is where we will start to see a volume roll-out,'' Qualcomm President Richard Sulpizio told a Banc of America Securities conference in San Francisco. Qualcomm expects to begin shipping initial quantities of chips for handsets and infrastructure equipment chips this year, spokeswoman Christine Trimble said. Larger, commercial amounts will start next year, she said. ''We expect any significant royalty stream to begin in 2001,'' she said. The deal's impact on Qualcomm would depend on how quickly China Unicom is able to deploy the technology, Jacobs said, adding that he expected it eventually to have a major impact. ''They do have plans to have 10 million or so subscribers by the end of the year, which is a really ambitious plan,'' Jacobs said. He said the deal would ''have a major impact for Qualcomm both on the royalty income side and also on our ASICS (chip) side.'' Qualcomm both licenses technology and supplies chips for handsets and infrastructure equipment chips. Still, Analysts cautioned that it was too early to tell how big an impact the deal might have on Qualcomm. ''Obviously China is an enormous potential market for wireless technology. Certainly Qualcomm would be one of he prime beneficiaries of China using more wireless technology in the future,'' said Mark Cavallone, an analyst with the S&P Equity Group. ''It's a good move and a nice deal for Qualcomm, but I don't know if there's an immediate benefit,'' Cavallone said. Qualcomm developed CDMA technology, which is widely used in the United States, and holds many patents on the technology. CDMA, which takes information contained in a signal and spreads it over a wide bandwidth, will allow telecommunications operators in China to carry more phone traffic than the current European global system for mobile communications (GSM) wireless technology. China Unicom has sought for almost a year to roll out CDMA networks to boost its market share against state giant China Telecom. China Telecom, which uses the European GSM standard, currently claims 90 percent of the country's whopping 40 million mobile phone subscribers. ''China Telecom will be a very strong competitor,'' Jacobs said. China Unicom officials hope CDMA, which makes more efficient use of the airwaves than GSM, will give it a competitive edge against its larger rival. ''This agreement enables China Unicom to move forward aggressively with plans to deploy a commercial CDMA network with an initial capacity of 10 million subscribers this year, and exponentially grow the network in the next few years,'' China Unicom Chairman Yang Xianzu said in a statement. Jacobs also said he saw large potential for growth in the wireless Internet market. ''Clearly the whole Internet era is coming (in China) ... there will be room for large growth,'' he said. ''We see that as a good business.'' Printer-friendly format Earlier Stories

To: LBstocks who wrote (65696)	2/2/2000 9:36:00 AM
From: Ruffian	Respond to of 152472

QUALCOMM's Jacobs to Speak at Cruttenden Roth Growth Stock Conference; Updated List of Presenting Companies NEWPORT BEACH, Calif., Feb. 2 /PRNewswire/ -- Dr. Irwin Mark Jacobs, Chairman of QUALCOMM® Incorporated (Nasdaq: QCOM - news) will be a keynote luncheon speaker at Cruttenden Roth's 12th Annual Growth Stock Conference scheduled for February 21-23, 2000 at The Ritz-Carlton Hotel in Laguna Niguel, California. Dr. Jacobs addresses the audience on Wednesday, February 23rd, while Marcus Robins, CEO of RedChip.com, will provide opening comments on Tuesday, February 22nd. In addition to Chairman, Dr. Jacobs is a Founder and CEO of San Diego-based QUALCOMM®, a leader in the wireless communications industry. Dr. Jacobs has grown QUALCOMM® into a Fortune 500 company whose major business areas include CDMA phones, integrated CDMA chipsets and systems software, technology licensing, and satellite systems including OmniTRACS® and portions of the Globalstar(TM) system. In 1999, QUALCOMM stock (Nasdaq: QCOM - news) rose 2,500 percent. ''The conference will feature a broad sampling of approximately 150 public and private companies that are defining the new economy,'' said Byron Roth, Chairman of Cruttenden Roth. Supporting sponsors of the 12th Annual Growth Stock Conference include: Brobeck, Phlegar & Harrison; Grant Thornton LLP; Merrill Corporation; PR Newswire; Richman, Lawrence, Mann, Chizever & Phillips; and Stradling, Yocca, Carlson & Rauth. The conference offers complimentary registration to portfolio managers, Cruttenden Roth clients, and RedChip.com subscribers. For all others, the registration fee is $250 per person. For registration information contact Cruttenden Roth's conference desk at 949-720-5798. For media credentials only, call Nevena Orbach of The Orbach Co. at 818-904-0500. For more information on Cruttenden Roth visit this company's website at www.crutroth.com or at www.redchip.com. Cruttenden Roth is an investment bank and brokerage specializing in emerging growth companies. Headquartered in Newport Beach, California, the Company maintains offices in Los Angeles, Minneapolis, San Diego, Santa Barbara, San Francisco, and Seattle. It is a member of the National Association of Securities Dealers (NASD), the Securities Industry Association (SIA), and the Securities Investor Protection Corporation (SIPC). CONTACTS: CONFERENCE REGISTRATION: SUE SHERRY 949-720-5798 MEDIA CONTACT: NEVENA ORBACH (818) 904-0500 Preliminary List of Presenting Companies: Public Companies: Abaxis, Inc. NMS:ABAX Advanced Marketing Services, Inc. NMS:ADMS Advanced Polymer Systems, Inc. NMS:APOS Alliance Pharmaceutical Corp. NMS:ALLP AlphaNet Solutions, Inc. NMS:ALPH American Aircarriers Support NMS:AIRS Amerigon, Inc. Nasdaq:ARGNA Amylin Pharmaceuticals Nasdaq:AMLN Anadigics, Inc. NMS:ANAD Anesta Corp. NMS:NSTA AremisSoft Corp. NMS:AREM AVI BioPharma, Inc. NMS:AVII Bell Microproducts, Inc. NMS:BELM Beta Oil & Gas, Inc. Nasdaq:BETA Brookstone, Inc. NMS:BKST California Amplifier, Inc. NMS:CAMP California Micro Devices NMS:CAMD Caprock Communications Corp. NMS:CPRK Catalina Lighting, Inc. NYSE:LTG Celestial Asia Securities Holdings Ltd. HK:CKD Cell Therapeutics, Inc. NMS:CTIC CenterSpan Communications Corp. NMS:CSCC Chico's FAS, Inc. NMS:CHCS Claimsnet.com, Inc. Nasdaq:CLAI Collateral Therapeutics NMS:CLTX CollegeLink.com NMS:CLNK Comarco, Inc. NMS:CMRO Concentrex Incorporated NMS:CCTX Cost-U-Less, Inc. NMS:CULS Datalink Corporation NMS:DTLK DepoMed, Inc. AMEX:DMI Destron Fearing Corporation Nasdaq:DFCO Digital Lightwave, Inc. NMS:DIGL DuraSwitch Industries, Inc. AMEX:DRA EarthLink Network, Inc. NMS:ELNK East West Bank NMS:EWBC Emcore Corporation NMS:EMKR Emulex Corporation NMS:EMLX En Pointe Technologies NMS:ENPT Entertainment Boulevard, Inc. OTCBB:EBLD EntrePort Corporation OTCBB:ERTE Euro909.com Nasdaq:ENON Excite@Home NMS:ATHM Fidelity National Financial, Inc. NYSE:FNF Fourth Shift Corp. NMS:FSFT GlobalNetFinancial.com NMS:GLBN Guest Supply, Inc. NYSE:GSY Hollis-Eden Pharmaceuticals NMS:HEPH IDEC Pharmaceuticals Corp. NMS:IDPH II-VI, Inc. NMS:IIVI ImClone Systems, Inc. NMS:IMCL Imperial Bancorp NYSE:IMP IndyMac Mortgage Holdings, Inc. NYSE:NDE Input Software, Inc. NMS:INPT Integra LifeSciences Corp. NMS:IART Internet Sports Network, Inc. OTCBB:ISNI InterVU, Inc. NMS:ITVU Invivo Corporation NMS:SAFE ISIS Pharmaceuticals, Inc. NMS:ISIP JDS Uniphase Corporation NMS:JDSU Krause's Furniture, Inc. AMEX:KFI Magic Software Enterprises, Ltd. NMS:MGIC Measurement Specialties, Inc. AMEX:MSS Medarex, Inc. NMS:MEDX Metro One Telecommunications, Inc. NMS:MTON Microsemi Corporation NMS:MSCC Miravant Medical Technologies NMS:MRVT Mustang.com, Inc. Nasdaq:MSTG N2H2, Inc. NMS:NTWO Nabi NMS:NABI NeoRx Corporation NMS:NERX Netgateway, Inc. NMS:NGWY Newport Corporation NMS:NEWP Oak Technology, Inc. NMS:OAKT Odetics, Inc. NMS:ODETA Onyx Pharmaceuticals Inc. NMS:ONXX Opinion Research Corporation AMEX:OPI Ortec International, Inc. Nasdaq:ORTC Ortel Corporation NMS:ORTL Ostex International, Inc. NMS:OSTX PathoGenesis Corporation NMS:PGNS Patient Infosystems, Inc. NMS:PATI Penford Corporation NMS:PENX Perfumania, Inc. NMS:PRFM Perfumania.Com, Inc. AMEX:PF Plastic Surgery Co. (The) AMEX:PSU Point West Capital Corp. NMS:PWCC Powerwave Technologies, Inc. NMS:PWAV QLogic Corporation NMS:QLGC Quality Systems, Inc. NMS:QSII Quepasa.com, Inc. NMS:PASA Rehabilicare, Inc. NMS:REHB Research Engineers, Inc. NMS:RENG Santa Barbara Restaurant Group Nasdaq:SBRG SciClone Pharmaceuticals, Inc. NMS:SCLN SDL, Inc. NMS:SDLI SEMX Corporation NMS:SEMX SI Diamond Technology, Inc. OTCBB:SIDT Spatial Technology, Inc. AMEX:STY Sportsman's Guide, Inc. NMS:SGDE StarBase Corporation Nasdaq:SBAS Styleclick.com, Inc. NMS:IBUY Summa Industries, Inc. NMS:SUMX SuperGen, Inc. NMS:SUPG Tickets.com, Inc. NMS:TIXX Titan Pharmaceuticals AMEX:TTP Topjobs.net plc NMS:TJOB TransAct Technologies, Inc. NMS:TACT Troy Group, Inc. NMS:TROY TrueTime, Inc. NMS:TRUE Ugly Duckling Corporation NMS:UGLY Ultimate Software Group NMS:ULTI Universal Electronics, Inc. NMS:UEIC USWeb/CKS NMS:USWB Versant Corporation Nasdaq:VSNT Visible Genetics, Inc. NMS:VGIN Visual Data Corporation NMS:VDAT Wendy's International NYSE:WEN Zomax, Inc. NMS:ZOMX SOURCE: Cruttenden Roth