SI
SI
discoversearch

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: S100 who wrote (82161)10/4/2000 1:41:06 PM
From: JohnG  Read Replies (1) | Respond to of 152472
 
ISLD: QCOM (sell ordrs)/(buy orders)=(577/305)=1.89 <2
Seldome has this happened recently-- usually it has approached 3:1. Nice buying pressure today.
JohnG



To: S100 who wrote (82161)10/4/2000 1:44:00 PM
From: sam  Respond to of 152472
 
"A decision by China Mobile to adopt the competing CDMA2000
third generation standard, which is expected to be most widely adopted in the US, would be a serious setback."

That decision would be...ahem...huge (and -- up to now -- totally unexpected)M. Still too early to tell yet. But I suppose if I were short QCOM (which imo would be foolish right now -- unless one were privy to some sort of "inside" information) I wouldn't want to wake up to THAT news. ;)



To: S100 who wrote (82161)10/4/2000 1:48:29 PM
From: Cooters  Read Replies (2) | Respond to of 152472
 
Vodafone's Christopher Gent on China Mobile Purchase: Comment

--From AOL.-- Cooters

Hong Kong, Oct. 4 (Bloomberg) -- Chris Gent, chief executive of Vodafone Group Plc, talks about his company's agreement to pay $2.5 billion for about 2 percent of China Mobile (H.K.) Ltd.

``We hope to work with them over the years to come and build our position into a bigger equity holding. We want to work with them in the international standards arena, we want to get a data Internet platform in to them, which we will do if they like it.''

``On all economic terms this would be accretive to us. This is a highly valued business, a highly rated business, so we're very pleased with the basic economic fundamentals. More to the point, this is a 3.4 percent-penetrated market, and this is a company very well run by Chairman Wang and his team. So the upside is immense.

``The downside is that if things don't work out between us -- and obviously we don't want that to happen -- we can exit through the public markets.''

``We are going to configure a chairman's forum where I can discuss matters of how we cooperate, how we're helping. We are going to bring in (people) to help them in various business areas. If and as in when we get a higher percentage, then we can look at the board representation.''

``WCDMA is the approved 3G technology, and that decision, I might add was made at a meeting of operators in China. We are both very strong on GSM, WAP, and GPRS, so there's a commonality of interests there. And we'll be migrating from that to wide-band CDMA as the 3G standard.''

Oct/04/2000 11:06 ET