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: GO*QCOM who wrote (74616)	6/23/2000 12:49:00 PM
From: mmeggs	Read Replies (2) \| Respond to of 152472

This should be interesting, like a watching your kid deny eating the cookies while he wipes crumbs from his mouth. No good news on the horizon indeed... Symbol(s) QCOM & Services Says Story 3182 (NOK, QCOM-D, QCOM, ENOKS-FR, NOA3-FF, NOA3-HE, NOA3-XE...) By Johnathan Burns NEW YORK (Dow Jones)--Nokia Corp. (NOK) executives are meeting with Qualcomm Inc. (QCOM) officials about the future use of Qualcomm's CDMA-wireless technology chipsets, an analyst said Friday. The talks, which have not been confirmed by the companies, could represent a radical shift in Nokia's stance toward using Qualcomm's chips. Nokia has long maintained it will use only its own CDMA chipsets in wireless phones. Pete Peterson, telecommunications analyst with Prudential Securities, said "we have confirmation that Nokia executives are at Qualcomm's headquarters in San Diego." Additionally, Peterson said his contacts within Nokia said an agreement the company announced Friday with Korean phone maker Telson Electronics Co. will lead to the indirect supply of Qualcomm's chips into Nokia-designed phones. "Nokia has positioned themselves in a way that they can claim they are not using Qualcomm chipsets," he said. "Nokia has said all along that they won't use anyone's chipsets but their own. Now, it looks like they have an indirect deal." Nokia's usage of Qualcomm chipsets would be a huge win for Qualcomm due to the sheer branding power of Nokia, the world's largest handset maker. "There's no doubt there's high customer affinity for Nokia products," Peterson said. He noted that Nokia has tremendous power in pushing usage of CDMA technology, but its own CDMA chipsets are seen as less efficient than Qualcomm's. "We strongly believe both in features and technology, Qualcomm's chipset is far superior to anyone else's," Peterson said. Neither Qualcomm nor Nokia officials could be immediately reached for comment. (