Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Didi who wrote (67075)	2/16/2000 1:11:00 PM
From: Boplicity	Respond to of 152472

re: OPM strat I don't do options, sorry. hard to believe, but I find them too distracting from what I love best.. I should pay someone to do them for me... greg

To: Didi who wrote (67075)	2/16/2000 2:17:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Qualcomm Inks Chinese Deal Kenneth A. Toudouze, CFA Qualcomm NASDAQ:QCOM Communications Quote \| News \| Snapshot \| Charts \| SEC \| Ratings Feb 16 2000 Qualcomm (Nasdaq: QCOM) announced Wednesday morning that it had signed a licensing agreement with China Unicom, the nation's second-largest phone company. This fulfills a promise by Qualcomm's CEO to complete the deal done in the first half of this year. Neither side disclosed terms of the agreement. The press release indicated that the requisite incentives were in place to encourage phone-manufacturing companies to embrace the CDMA technology and begin producing the equipment. Qualcomm hopes the huge Chinese market (population >1bn) will help establish a more global presence for CDMA. The technology has a small market share in US cellular business but wide acceptance in countries such as Korea and Japan. The CEO of Qualcomm said he recognizes that the spectacular growth available in China requires flexibility on his part. The web-enabled high data rate (HDR) wireless capability espoused by Qualcomm in its G2.5 and G3 designs appear to be optimum for Asian markets. As the world moves toward a more web-centric environment, we expect the use of wireless devices will proliferate. Given the recent comments by Ericsson (Nasdaq: ERICY) and Nokia (NYSE: NOK) regarding mobile internet growth, we believe growth expectations for this market segment will continue to gain momentum over the next couple of years. The only negative for the wireless device makers and component suppliers is that the average selling prices (ASPs) for these devices will continue to decline at double-digit rates this year. However, the offset is that volume will continue to increase at a rate of 30%+ for the next couple of years. As pricing moves down, the masses embrace technology until it becomes ubiquitous in nature. We remain excited about broadband opportunities in the wireless world. After reviewing some future product designs and capabilities discussed in California, it is apparent several prominent technology companies agree. Qualcomm is indeed a player in this market, but we believe $125 per share is full value for now. FWD this page to: na Copyright 1999, StreetAdvisor.com, LP, all rights reserved. Do not duplicate or redistribute content in any form without the permission of StreetAdvisor.com.