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


To: marginmike who wrote (72790)5/30/2000 11:40:00 AM
From: Boplicity  Read Replies (2) | Respond to of 152472
 
I know that I was just playing with you, as in the selling is done, <g> you have to be surprised QCOM made it back to green a few min.s ago. I would have to say that QCOM is bottoming as is the market at large. A good indication that is market at large might have seen it's low for this year is the action in AOL, CSCO, etc etc. AOL has been making a base for all of 2000, it just made a double bottom, and is in the process of recovery while CSCO has held at 50.

Greg



To: marginmike who wrote (72790)5/30/2000 11:27:00 PM
From: Homer  Read Replies (3) | Respond to of 152472
 
Mike, as a knucklehead who has not posted here in many months, I thought I would share the response I received today in response to an inquiry early this am.

Dear Sir:

There are many conflicting news stories on this subject, as you rightly point out. What's missing in the NYT story is the fact that the "so-called third generation technology" is also CDMA. There are two flavors of this 3G technology, one called W-CDMA and one called cdma2000. Both use our patents and provide the same royalty rate as we are currently receiving. We are also making chips to support both. While we do not want to see the Chinese operators wait to deploy CDMA (and the contention that they will wait is still speculative in nature), QUALCOMM will be the beneficiary of any CDMA deployments. Further, we see the opportunity in China as upside potential, but are not currently factoring it into our business plans in 2000.

Sincerely Yours,
Julie Cunningham
Sr. Vice President, Investor Relations
QUALCOMM Incorporated

At 04:12 AM 5/30/00 -0700