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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: drsvelte who wrote (32586)	10/11/2000 4:27:10 PM
From: Paul Shread	Read Replies (2) \| Respond to of 42787

QUALCOMM (QCOM) 70 1/2 -9 3/16: Qualcomm was hit late today, with some sources citing news of QCOM-killer technology from Australia. The news was from an Australian subsidiary of an Irvine-based bulletin board company, and boasted of "revolutionary wireless technology." Even if the claims are true, which is far from clear given the source, the news would actually be good for QCOM. The company claims that the technology is a base station which can process multiple wireless protocols such as CDMA and GSM. There is no protocol here that will challenge Qualcomm's CDMA; there is only equipment which will make it easier for GSM providers to also offer CDMA. If true, this would be good for QCOM. It would only be bad for base station vendors like Motorola (MOT), Ericsson (ERICY), and Nokia (NOK).