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: JGoren who wrote (75300)	7/2/2000 5:21:58 PM
From: SKIP PAUL	Read Replies (1) \| Respond to of 152472

Dated article but dont think has been posted: MTNL mobile project cleared Anita Mani New Delhi Business Standard, December 2, 1999 Mahanagar Telephone Nigam Ltd (MTNL) is planning to launch code division multiple access (CDMA)-based mobile services in Mumbai by March 2000. This follows the go-ahead given by the Delhi High Court to the implementation of a Rs 140 crore CDMA contract for Mumbai. A division bench of the court set aside an earlier order of a single judge, paving the way for implementation of the CDMA contract by Fujitsu, which was the lowest bidder for the tender. The Fujitsu bid was around $200 per line. The contract involves the implementation of a 50,000 line system in the first year, with a roll out of 150,000 lines in three years. The value of the first-year contract is Rs. 70 crore, while total value stands at Rs. 140 crore. Of the 50,000 line contract, 20,000 lines will be used for providing last-mile links for fixed wireless applications. The rest will be used for providing mobile connections. "With such a decisive judgement today, we hope to begin implementation immediately and offer services by March 2000," an MTNL official said. In its ruling, the bench said MTNL was well within its rights to seek technical clarifications from the bidders after opening the tender, since this had no bearing on price. The petitioners, Escorts Communications and LG Information and Communications, who had bid jointly for the contract, had moved the Delhi High Court on the grounds that MTNL could not seek such clarifications. LG had moved a subsequent application that it should be awarded the contract as the second lowest bidder. ============= Smart card phone service for Andhra Our Bureau Business Standard, April 8, 1999 Tata Teleservices Ltd(TTL), the basic telephony services provider in Andhra Pradesh, has established the country's first smart card payphone service network in the state based on Schlumberger's state-of-the-art smart card technology. The network will cover 1,500 telephone booths in major cities in the first year of its operation, and will be extended throughout the state in a phased manner. According to experts, this is the largest CDMA payphone project in the world. These payphones will work on CDMA wireless & PSTN technology. Schlumberger's technical centre in New Delhi, with support of its worldwide R&D centres has implemented the product customisations and new product development for TTL. Tata Teleservices, is the first & only company with a smart card payphone network contract in India. "Schlumberger's philosophy has been ; Global Expertise - Local Solutions. This concept has helped us deliver products & solutions to valued customers at minimal time and cost. Some of these products are being locally manufactured and have been successfully deployed in this project," said Deepak Ghai, director Test & Transactions, Schlumberger Measurement & Systems (I) Ltd. With a nationwide network, Schlumberger is committed to provide efficient & reliable services to its valued customers. N Srinath, CEO Tata Teleservices, said "With Schlumberger's smart card technology, TTL aims to provide world class payphone systems..."

To: JGoren who wrote (75300)	7/2/2000 5:53:37 PM
From: KevRupert	Read Replies (1) \| Respond to of 152472

JGoren, My apologies if I misunderstood your comments. After my inial review of your post, I thought you were simply repeating the rantings of other Q-Heads - "nothings wrong with the company - it's the analysts fault the stock has dropped from $200 to $59, Qualcomm is a perfect company, any analyst who says something negative is wrong". Snyder has made me money in the short-term, and has proven to have had valid points - in the short term. No one person is exact on every issue. I'm long Qcom too, but I can acknolwedge when there are problems with the company - short-term in my view (i.e., a disruption in anticipated royalty stream). I want to buy additional Qcom - if the price is right. The factors are not in place for a rebound in Qcom's stock price. (Unless there are unexpected annoucements - i.e., Noka/Awe acceptance.) Anytime an investor falls in love with a stock, they fail to see the negatives. Well Qcom is experiencing negatives, thus the poor price (short-term) performance. If I misunderstood your comments, then please accept my apology. What I said wasn't a ranting, it was factual. An analyst who points out the negatives deserves positive comments. Don't attack the messenger for delivering the message. According to dictionary.com rant means "To speak or declaim in a violent, loud, or vehement manner". JGoren could you please tell me how you Wharton fellas can infer that my comment was a rant??