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

To: Cooters who wrote (11543)	6/5/2000 9:31:00 AM
From: Randall Knight	Read Replies (1) \| Respond to of 13582

HELSINKI, Finland--(BUSINESS WIRE)--June 5, 2000--During 1999, SK Telecom, the world's largest CDMA operator and Nokia started a joint activity to develop planning and optimization for IMT-2000. 3Com Corporation (Nasdaq: COMS) today announced that its joint solution with Samsung Electronics Co., Ltd., for high-speed wireless data and voicenetworks will be deployed this year by SK Telecom of Korea in the world's first cdma2000 1X network. Now this is interesting. Compare the two releases below. Please note the dateline. This is a prime example of Nokia making the waters muddy. On a more positive note. The SK Telecom release states that the network will be in operation this year. This is excellent news. Guess how many Nokia handsets this network would demand? None. I expect the U.S. carriers to upgrade their systems in the same time frame. So, that means by the end of this year, a scant 7 months away, there will be no Nokia handsets sold in the U.S.CDMA market. Q better get those ASICs shipping. Last I heard the pre-production date was third quarter of this year. That doesn't give much time for debugging.