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


To: DOUG H who wrote (78152)7/30/2000 10:21:41 PM
From: GO*QCOM  Respond to of 152472
 
FORD AND QUALCOMM FROM THE WSJ ANNONCEMENT EXPECTED Ford, Qualcomm Expected to Announce Venture, Journal Reports
By Ashley Gross

Dearborn, Michigan, July 30 (Bloomberg) -- Ford Motor Co., the world's No. 2 automaker, is expected to announce an agreement with Qualcomm Inc. to add wireless communications devices to cars, the Wall Street Journal reported, citing people close to the matter. The venture between Qualcomm and Ford, called Wingcast for now, could unveil so-called telematics services such as mobile phones, Internet, entertainment and navigation devices in 1 million Ford cars in model-year 2002, the people said. Wingcast is expected to have Ford as its largest shareholder and be based in San Diego, the paper said.

Qualcomm's division that makes chips for mobile phones and cellular networks could have a market value of as much as $40 billion after the company spins it off, analysts said.

(WSJ 7/30).



To: DOUG H who wrote (78152)7/31/2000 2:18:10 AM
From: FaultLine  Respond to of 152472
 
It is anticipated that the tiny device - which is intended to be bonded closely to the body or implanted just under the skin - will be able to send and receive data and that it will be tracked by GPS (Global Positioning System) technology.

I think this is claptrap.