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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Kent Rattey who wrote (107)	6/30/2000 8:52:05 AM
From: Caxton Rhodes	Read Replies (2) \| Respond to of 197472

Qualcomm Lays Off 200 Employees SAN DIEGO (Reuters) - Wireless communications technology developer Qualcomm Inc. (NasdaqNM:QCOM - news) said on Thursday it was firing some 200 employees, or nearly 3 percent of its 7,000-member workforce. ``We had just about 200 positions eliminated,'' Qualcomm spokeswoman Christine Trimble told Reuters, after trading had closed on the Nasdaq. Speak your mind Discuss this story with other people. [Start a Conversation] (Requires Yahoo! Messenger) Qualcomm's shares lost 2-1/16 to 61-1/2 each, to its lowest levels seen this year. ``We conducted an evaluation of the skill set of employees against the company's needs and future business needs and made adjustments,'' she added. The company recently announced it expected reduced orders from key Asia market, South Korea, but Trimble said the layoffs were unrelated and were part of an effort to streamline Qualcomm's operations. The bulk of the layoffs would be in San Diego, she added.

To: Kent Rattey who wrote (107)	6/30/2000 9:19:36 AM
From: Douglas A. Sevy	Read Replies (1) \| Respond to of 197472

Somebody help me understand something here. If CDMA2000 has already had its field testing and is ready to go and that W-CDMA is really not ready, how is it that DoCoMo (and reportedly others) will be able to roll out W-CDMA when supposedly it has not fully been defined? I don't ever remember reading that any of those supporting W-CDMA have ever negotiated a licensing agreement with Qualcomm. Why is DDI waiting until 2002 to put in CDMA2000? Is W-CDMA further along than I am lead to believe? I understand that Qualcomm is expecting that they will get royalties with either flavor (they have said at the same level), but that it would be better for them if CDMA2000 were the predominant choice (because of their ASCS). NTT DoCoMo and the J-Phone group will adopt the "W-CDMA" technology platform that is widely used in Europe. The two plan to initially offer the new service in Tokyo, Osaka and some other areas in 2001. The DDI-IDO group will start the new service in Tokyo, Nagoya and Osaka in fall 2002, using "cdma2000" technology developed by Qualcomm Inc. of the United States.