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

To: foundation who wrote (75602)	7/7/2000 9:55:12 AM
From: BRea	Respond to of 152472

Market Pulse Last Update: 9:23 AM ET Jul 7, 2000: NewsWatch Indications ADR Report Friday, July 07, 2000 Qualcomm spurned by Korea --9:23 am - By Tomi Kilgore Qualcomm (QCOM: news, msgs) is losing 4 1/16 to 57 5/8 in pre-market trading. SK Telecom (SKM: news, msgs) and Korea FreeTel, an affiliate of Korea Telecom (KTC: news, msgs) will choose wideband code division multiple access (W-CDMA), which was developed by Japan's NTT DoCoMo and other European phone makers such as Finland's Nokia (NOK: news, msgs) and Sweden's Ericsson (ERICY: news, msgs), rather than Qualcomm's CDMA, if awarded licenses from the government. "We decided to use W-CDMA technology for our service because it has much bigger market size," said Chul Keun Kuon, a spokesperson from SK Telecom, South Korea’s biggest mobile phone service operator. The Korean government is expected to announce next week the criteria for telecom companies to be granted third-generation wireless licenses. Applications will be accepted in September; decisions are expected by the end of the year. Separately, The Korea Herald reported that the Korean government is pushing to have all the parts that are used in CDMA wireless handsets made domestically. The move, coupled with the government’s earlier decision to ban subsidies on handsets, is an attempt to alleviate the weight on the country's trade balance.

To: foundation who wrote (75602)	7/7/2000 9:56:00 AM
From: John Hayman	Read Replies (1) \| Respond to of 152472

All, I know some of you have voice some neg. comments about Thompson Institutional buy/selling web site, but.....the big boys are buying up the q this morning. They must be picking up all of the small investors sells. It looks very impressive to see it,tons of buys and big blocks. So they must be in the know about the true story. John

To: foundation who wrote (75602)	7/7/2000 9:57:36 AM
From: waverider	Read Replies (2) \| Respond to of 152472

I think I am going to puke. Guys, I don't know what the hell is going on except a lot of rationalizing around here. All of us have had one excuse after another everytime some negative news comes out. FUD, bribes, self interest, blah, blah, blah. There is no other way to look at this. This Korean thing is bad. I can't wait for the earnings conference. Sorry for being so negative, but I have no more humor left. Rick

To: foundation who wrote (75602)	7/7/2000 11:59:25 AM
From: samim anbarcioglu	Respond to of 152472

Friday, Jul 7, 2000 11:47 AM ET To: Junkyardawg who wrote ( 350) From: samim anbarcioglu Ladies and gentlemen, The first of the following snips was from yesterday's Bloomberg. The second snip is from today's Bloomberg news. Please note the poor cut and paste job of the idiot reporter. quote.bloomberg.com;``We believe that the government should allow service providers to choose which technology they will use and fortunately that is their plan,'' said Nam Jung Soo, head of the company's IMT200 promotion department, at a public hearing on a government plan to select licensees. ``Korea Telecom will use CDMA 2000.'' >> quote.bloomberg.com;``We believe that the government should allow service providers to choose which technology they will use and fortunately that is their plan,'' said Nam Jung Soo, head of the company's IMT2000 promotion department, at a public hearing on a government plan to select licensees. ``Korea Telecom will use W-CDMA.'' >> Diamond H also made the same observation on the buy range thread. I saw that while doing a search on nam soo's name on the thread. Here is link to DH's post. I really think this is absolutely FUD, especially coupled with the fact that no independent confirmation from Korea at all that I can find