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


To: jack bittner who wrote (65904)2/3/2000 2:03:00 AM
From: jkc  Respond to of 152472
 
OT...thanks, Jack.

Here's their address and you can get a 2 week free subscription:

rightline.net



To: jack bittner who wrote (65904)2/3/2000 10:45:00 AM
From: jkc  Respond to of 152472
 
OT...Hi Jack, here is what Rightline said about q last March. There was an older segment from last Feb but I can't find it. This should be enough for you to see how good their call was. They don't mind my posting this as long as I include their address.

excerpt from Rightline Report on March 25, 1999
rightline.net

Technology by definition is a broad sector and a blockbuster event
happened Thursday that is no more understood by most media writers than those who giggled at Microsoft (Windows) standing up to IBM (OS/2) in the early '90s. We have been talking about this since late February, and it is a new "operating system" for the convergence of wireless devices to use data, voice and video and will encompass not only those wanting to connect wirelessly to the data services like the Internet,
but users in remote areas of the world who have never placed a phone
call in their lives. It also, spells the demise of a relatively new high
tech service, Motorola's Iridium (IRID) satellite phone system which
uses the technology just abandoned by its progenitor, Ericsson. Qualcomm
and Loral's competing Globalstar (GBLF) system is based on the easily
upgradable CDMA technology that Ericsson just validated, simply because
it has significantly more user capacity than the older, but currently
dominant GSM/TDMA systems. OK, MSFT is settling with the government, EMC
got a large contract for hard drives from their main competitor, IBM,
and rumors are that Dell may buy back $1B worth of their stock, but when
all is said and done, for technology, Thursday, March 25, 1999 is the
day Qualcomm and CDMA gained the catbird seat.

Qualcomm Corp. (QCOM) - It's all over but for the fat lady singing. It
will take a while before Wall St. understands the significance of having
one worldwide standard for a future wireless phone. To see the real
winner, compare the stock charts of QCOM and Ericsson (ERICY) for the
past year and it's clear; and just consider: there are far more
potential users of wireless phones in the world than PCs. QCOM
skyrocketed Wednesday afternoon 40 minutes before closing up 5.25 to
87.38. This was a hint of news of the settlement early Thursday morning,
followed by a press conference that confirmed that the companies will
cooperate on making compatible systems during the interim before the
final single standard that will allow backward compatibility for a time.
This is a true win-win situation for the service providers and hardware
manufacturers and QCOM's stockholders. QCOM gapped up 7 points Thursday,
wallowed a bit during the day, and finished up strongly by 11.06 to
98.44 on heavy volume. This is a true blue-sky breakout since the
company is making good money, it's overhead will be reduced with ERICY
taking over its money-losing infrastructure division and Microsoft has
shown how profitable it can be to sit on a royalty check river since the
majority of users in the world will be using your technology. Having
said all that, beware that profit taking even occurs following super
news such as this. Optionable.