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

To: Ruffian who wrote (83880)	10/17/2000 5:49:18 PM
From: q_long	Read Replies (2) \| Respond to of 152472

OTOTOT Al Gore Autobiography According to AL very funny "Good afternoon. I'm Al Gore, and I'd like to tell you about myself. I want you to know that I know a lot about hardships, because I came into this world as a poor black child in a tiny town in the backwoods of Tennessee. I was born in a log cabin that I built with my own hands. I taught myself to read by candlelight and helped support my 16 older brothers and sisters by working summers as a deck hand on a Mississippi River steamboat. My mother taught me the value of education, so every day I would walk five miles to a one-room schoolhouse. I was a mischievous, fun loving scamp, though I never dreamed that one day my youthful escapades would serve as the inspiration for "Huckleberry Finn." One day a traveling minister came through town and I asked him if anyone was ever going to do something to guarantee civil rights for all Americans. Well, I guess I made an impression. You see, the minister's name was Martin Luther King, Jr. My father was a United States Senator. He once perched me on his knee and said, 'Son, if you work hard and listen to your mama, someday you can live in a hotel in Washington, D.C., and go to an exclusive prep school.' But the life of privilege was not for me. After receiving my high school diploma, I took a job in a hot, dirty textile mill. I was so appalled at the treatment of the workers there that I organized a union. Later,that experience inspired a movie...which is why, to this day, my close friends at the AFL-CIO call me 'Norma Rae." When word got out what an 18-year old factory worker had done, Harvard called and offered me a scholarship. I captained the hockey team to four consecutive national championships, but I also played football and was good enough to win the Heisman Trophy. During my college years I lived in a housing project and moonlighted playing lead guitar for a little rock band. You may have heard of it...the Rolling Stones. But there was a war going on, and I felt I had to serve my country.So, I enlisted in the U.S. Army and went to Vietnam. I was deeply opposed to the war, but I did my duty as a soldier and came back home a hero with the Medal of Honor and the Croix de Guerre. When I got back, I took a long journey across this great land of ours. I've crossed the deserts bare, man. I've breathed the mountain air,man. I've traveled, I've done my share, man. And the people I met at truckstops and campgrounds and homeless shelters on that journey all said the same thing: 'Al, we need you in Washington.' I knew they were right, but first I had to take care of some other business...building the World Trade Center, founding the Audubon Society, doing the clinical research that proved smoking caused cancer and coming up with the recipe for Mrs. Field's chocolate chip cookies. I even discovered that the spreading of the AIDS virus was caused by a lack of federal funding. Finally, I deferred to the demands of the people of Tennessee and allowed them to elect me to the House of Representative and the Senate. And then one winter day nearly nine years, for no particular reason, I answered the call of the people once again and took the oath of office as Vice President of the United States. Since then, I've been part of the most successful administration in American history. Many times Bill Clinton has been pondering some grave decision and has asked me what to do. And when I would give him my thoughts, he would invariable say, 'Of course. That's brilliant. Why didn't I think of that!' During the darkest days of the impeachment battle, the president told me he only wished he had listened when I told him to stay away from that dark-haired intern. >> So after I decided to run for President, I sat down with him and asked if he had any suggestions about how to conduct my campaign. And Bill Clinton gave me a few simple words of advice...words I'll neverforget. He looked me straight in the eye and said, 'Al, just tell the truth, it's always worked for me.'" Thank you very much.

To: Ruffian who wrote (83880)	10/17/2000 6:05:38 PM
From: Sully-	Respond to of 152472

Tuesday October 17, 5:54 pm Eastern Time Forbes.com Around-The-Globe: Qualcomm's Beachhead In China By Arik Hesseldahl Few companies have had their destiny and stock price as closely tied to China as Qualcomm, the San Diego-based king of a wireless phone technology known as code division multiple access. One of last year's great bulls of the technology-heavy Nasdaq exchange, Qualcomm's (Nasdaq: QCOM - news) stock price has suffered recently, partially because of uncertainty over its prospects in China's wireless phone market. But yesterday's deal with China Unicom (NYSE: CHU - news), the country second-largest wireless provider behind China Telecom, indicates that Qualcomm, with its flagship CDMA technology, is coming full circle after it became apparent that its technology isn't quite a shoo-in to build China's new wireless phone network. Central to the deal is a Qualcomm technology that will make phones work on both CDMA and GSM networks. Qualcomm had long hoped that its CDMA technology would be adopted as the wireless phone standard for all of China, but the competing standard, known as the Global System for Mobile Communications (GSM), which is the dominant wireless phone technology around the world, has so far taken hold in China. CDMA does dominate in North and South America and in South Korea. One estimate by The Strategis Group, a Washington D.C.-based telecommunications research firm, says that 90% of wireless phones currently in use in China are based on GSM technology, with less than 1% using CDMA and older analog wireless phones making up the difference. But with only 51.6 million wireless phone users among China's billion-plus population (a penetration rate of 5%), the potential for growth in China is enormous. The future for CDMA technology in China, however, remains unclear, though analysts agree this deal would serve as a beachhead for Qualcomm. China Unicom inherited a very small CDMA network with about 200,000 subscribers when it acquired a small wireless carrier called Great Wall Telecom, according to Strategis Group analyst Elizabeth Harr Bricksin. What has remained unclear is if China Unicom intends to build upon that CDMA network or not. ``The relationship between Qualcomm and China Unicom has been on-again, off-again,'' Harr Bricksin says. But looming in the future for China Unicom is its deployment of next-generation wireless technologies based on variants of CDMA. One is called wideband CDMA (W-CDMA), which is partially based on Qualcomm's core patents and is backed by wireless phone companies Nokia (NYSE: NOK - news) and Ericsson (Nasdaq: ERICY - news). The other is the 100% Qualcomm-patented CDMA 2000. Both technologies are considered third-generation (3G) wireless technologies. Harr Bricksin says GSM providers will eventually migrate to W-CDMA, while those using current CDMA technology will opt for CDMA 2000. And while Qualcomm's preference is for CDMA 2000, it will make money on W-CDMA as well. In July it won a legal victory claiming it deserved royalty payments on some of the core patents in the W-CDMA technology. Either way, Qualcomm stands to win in China. The question is, will it win big, or will it win really big? Go to www.forbes.com to see all of our latest stories. biz.yahoo.com Ö¿Ö