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

To: The Reaper who wrote (73669)	6/12/2000 12:04:00 AM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Qualcomm CEO expects China Unicom to use 3G CDMA HONG KONG, June 12 (Reuters) - Irwin Jacobs, chief executive officer of digital wireless company Qualcomm Inc (NasdaqNM:QCOM - news), said on Monday he expects China Unicom, China's number two telecoms provider, to use Qualcomm's 3G CDMA technology but was unclear when. Referring to Qualcomm's third generation CDMA standard, he told Reuters in an interview: ``My guess is that it will be (Qualcomm's) 1X that they do select.'' On the timing of deployment of 3G CDMA, he said: ``That's up to them, obviously, but the manufacturers are clearly getting ready for that.'' Last week, Qualcomm announced technology sharing agreements with eight Chinese manufacturers to develop CDMA-based products. Qualcomm won an agreement in February to build a wireless network for China Unicom, but the deal was quickly put on hold by the Beijing government. Early this month, China Unicom said it was scrapping plans to use current-generation CDMA technology, opting instead to stick with its European GSM network. It said it would use Qualcomm's CDMA, or code division multiple access, for later-generation systems. Qualcomm's China woes have contributed to a precipitous drop in the firm's stock, which peaked in January at US$200 and closed on Friday at US$79-1/16. biz.yahoo.com

To: The Reaper who wrote (73669)	6/12/2000 11:18:00 AM
From: JGoren	Respond to of 152472

from yahoo rocket thread, post 23117; this gives an idea of what the company may be internally valuing itself at: "My source sorta makes a little sense now. I heard that QCOM might be bought out...but the dollar amount given was $350-$375 a share. I told the person I know "nahh...that couldn't be right. You must of heard wrong." Maybe the person didn't hear wrong...maybe that was the price QCOM wanted. (Thus NOK coughing cookies thru their nose) Oh well...just trying to show one 'possible' list of events that would make what I heard correct. Ahhh...it would be soooo nice to be a fly on the wall during the NOK/QCOM meeting(s). Necheron "