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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (8376)	7/30/2000 7:35:15 AM
From: Sosmartinov	Respond to of 49816

QCOM...while admitting to sour grapes that I missed the 1600 per cent move, I still don't see how QCOM is any diff than ERICY, NOK, and MOT...all of whom have done great business, esp. the former two, but gone in the tank. How is QCOM anything but a one time momo phenomenon that is over. Re:technical views of indexes (from CNNfn):As a technical analyst for Chase Securities, Joe Kleinerman, doesn't watch economic or corporate fundamentals. Instead, he studies charts of the major stocks indexes, attempting to divine the future based on past patterns. "We're in a transition period," said Kleinerman, who forecasts the major indexes rising this week but then faltering for the remainder of the summer. "I see a three-step bounce into next week but that will be followed by new price lows," he said. Specifically, he sees the Nasdaq rallying to as much as 4,030 and the Dow hitting 10,800 this week before faltering in the weeks ahead. Still, Kleinerman's outlook for the year-end shows the major indexes finishing 2000 with gains.

To: SirRealist who wrote (8376)	7/31/2000 12:47:45 AM
From: 2MAR$	Read Replies (2) \| Respond to of 49816

<font color=fuchsia>RE: Qcom , the JV looks to be with FORD: International News Ford Is Likely To Unveil Venture With Qualcomm --- U.S. Auto Maker Targets In-Car Communications By staff reporters Rebecca Buckman and Pui-Wing Tam in San Francisco and Karen Lundegaard in Atlanta 07/31/2000 The Asian Wall Street Journal Page 2 (Copyright (c) 2000, Dow Jones & Company, Inc.) Ford Motor Co., finally muscling into the emerging market for in-car communication services, is expected to unveil a joint venture today with Qualcomm Inc. to deliver wireless services to automobiles, including a mobile-phone service, according to people close to the deal. The move is Ford's long-awaited leap into so-called telematics services, which include bringing phone, Internet, entertainment, navigation and safety services to vehicles. Rival General Motors Corp. offers some of those services now through its OnStar unit. OnStar and the Qualcomm-Ford venture, tentatively called Wingcast, will now become rivals in the contest to define standards and brand-name power in the emerging mobile-commerce market. Auto makers believe telematics and mobile commerce will be a lucrative source of new revenue in the years ahead, assuming government concerns about the safety of on-board communications devices don't limit consumer's ability to use the new services. Wingcast will be based in San Diego, where wireless-communications powerhouse Qualcomm has its headquarters, the people close to the deal said. Ford is expected to be the largest shareholder, and the company could soon grow to about 300 employees, one of these people said. Wingcast's new CEO is expected to be former Microsoft Corp. vice president, Harel Kodesh, who led Microsoft's wireless efforts until his departure earlier this year. During his tenure, Microsoft experimented with in-car computing technology through a project called "AutoPC." The project is still active but is now housed outside the wireless group. Wingcast systems could be rolled out in one million Ford cars in model-year 2002, according to the people close to the deal, and included in an additional three million Ford vehicles the following year. By 2004, every Ford car could be equipped with a wireless system, these people said. Besides Ford, the fledgling company already has another customer: Nissan Motor Co. plans to integrate Wingcast services into its Nissan and Infiniti brands, the people close to the deal said. Wingcast will develop a communication system based on Qualcomm's CDMA -- or code division multiple access -- wireless technology, the people close to the venture said. Other vendors will work with Wingcast to make the system's hardware.