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

To: Sully- who wrote (2416)	8/25/2000 11:34:54 AM
From: Caxton Rhodes	Read Replies (1) \| Respond to of 196475

Palm Inc Up 5% After Two Firms Start Coverage Dow Jones Newswires No further information is available at this time. No further information is available at this time. By Donna Fuscaldo Of DOW JONES NEWSWIRES NEW YORK -- Shares of Palm Inc. (PALM) rose about 5% in Thursday after two investment firms, Goldman Sachs & Co. and Pacific Crest Securities, initiated coverage. Goldman Sachs analyst Vik Mehta started Palm on its Recommended List and set a price target of $55. In a research note issued Thursday, the analyst said Palm is an "undisputed leader" in the handheld computing devices market. Mehta started coverage of the New York company because it is developing an enterprise strategy and is focusing on licensing its operating system to other device manufacturers. According to Mehta, the Palm OS platform is being used by International Business Machines Corp. (IBM), Qualcomm Inc. (QCOM), and Handspring Inc. (HAND), as well as other vendors. The analyst also said in his note that Palm's strategy of forming relationships with vendors enables the company to reach customers more effectively. He pointed to an alliance with Dell Computer Corp. (DELL) in which Palm is able to give a larger line of Palm products to its customers using Dell's direct sales channel and its e-commerce web site. Mehta also likes Palm because of the "possibilities of communications being integrated with PDA functionality." According to Mehta, over time Palm will integrate voice communications into other devices. "Unlike most other niche competitors, Palm is the only company that is able to control the full user experience, ranging from hardware to software and services," said Mehta. "As standards in the burgeoning mobile Internet market continue to change, Palm can leverage its dominant market position with component manufactures, software developers and content creators to provide the most compelling service." Shares of Palm were recently trading up 5.1%, or $1.94, at $39.88 on volume of 6.7 million compared with average daily volume of 7.4 million. Pacific Crest Securities analyst James Faucette said he initiated coverage of Palm with a buy rating because the company has been an "outstanding brand franchise" with a "commanding market share position." Quoting PC Data, the analyst said Palm OS-based devices account for nearly 90% of PDA sales in July. In addition to its market position, Faucette likes Palm because its licensing and services offer "promise of increased profitability" and because its OS platform has nearly 100,000 application developers. "No other PDA OS has close to the number of developers as Palm, giving the company a large head start in the race to establish a Windows-like standard operating system for PDAs." Faucette is forecasting that Palm will grow 50% annually over the next five years. "While the stock has risen slightly since it was completely spun off from 3Com," Faucette said. "We believe the market potential, strong development program and dedicated customers and developer base and outstanding growth warrant a premium valuation." Officials at Palm weren't immediately available for comment. -By Donna Fuscaldo, Dow Jones Newswires; 201-938-5253; donna.fuscaldo@dowjones.com

To: Sully- who wrote (2416)	8/25/2000 11:40:25 AM
From: cfoe	Read Replies (2) \| Respond to of 196475

was thinking about sprint and their 56kbs - sounds like IS95-B to get to 64 kps... I got the above snip in a PM. My response follows. I thought so too, except for the following. I remember reading a comment by Sprint (I think it was in July) that they would skip 95B and go right to 1X. Now, since these are modem cards, maybe they are 95B, but then doesn't the base station need to be configured to handle 95B? The only thing I can think is it is some sort of hybrid and that is why is it 56K. That is, the modem card has a 95B chip and the base station does not, but instead has some sort of software adjustment to get most of the way to 64K. Sprint did recently come out and say they had come up with a software approach to up the speeds to 56K. Maybe QCOM provided this. Can anyone on the thread clarify all of this.