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

To: Art Bechhoefer who wrote (6967)	2/27/2000 10:52:00 AM
From: Ruffian	Read Replies (2) \| Respond to of 13582

Sony, Toshiba, 14 Others Adopt Qualcomm Standard, Nikkei Says By Neha Kumar Tokyo, Feb. 27 (Bloomberg) -- Sony Corp., Toshiba Corp. and 14 other electronics makers worldwide will use technology developed by U.S.-based Qualcomm Inc. that allows mobile phone users to access the Internet at high speeds, the Nihon Keizai newspaper reported without citing sources. The Qualcomm system enables users to send and receive data across the Internet 32 times faster than by using fixed integrated services digital network lines and does not require the use of costly fiber optic networks. The 16 companies, which include U.S.-based Lucent Technologies Inc., plan to urge the International Telecommunications Union to recognize the technology as a global standard within this year, the report said. Toshiba on Feb. 21 said it aims to broadcast in Japan music and movies held by America Online Inc. and Time Warner Inc. in Japan on digital satellite and cable television. (Nihon Keizai, 2/27, p.7) To access the Nihon Keizai Web site, type NKEI