Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: lindelgs who wrote (11065)	11/2/2000 7:54:54 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

QCOM--QUALCOMM Receives IRS Ruling on Proposed Spin-Off of QUALCOMM CDMA Technologies SAN DIEGO--(BUSINESS WIRE)--Nov. 2, 2000--QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced that it has received a ruling from the Internal Revenue Service (IRS) indicating that the proposed spin-off of its integrated circuits and system software business (QUALCOMM CDMA Technologies), referred to as QUALCOMM Spinco (``Spinco''), should be a tax-free distribution to QUALCOMM and its stockholders, provided that the spin-off is executed in accordance with the representations made in the ruling request. QUALCOMM stockholders of record as of the record date, which is yet to be determined, would receive shares of Spinco common stock, at a ratio to be determined, and cash payments for fractional shares. Cash received in lieu of fractional shares would be taxable for U.S. federal income tax purposes. The Company also announced that consideration of the Initial Public Offering of Spinco common stock will be postponed until January of 2001 due to unfavorable market conditions. QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's Code Division Multiple Access (CDMA) digital technology. The Company's business areas include integrated CDMA chipsets and system software; technology licensing; Eudora® email software for Windows® and Macintosh® computing platforms; digital cinema systems; and satellite-based systems including portions of the Globalstar(TM) system and wireless fleet management systems, OmniTRACS® and OmniExpress(TM). QUALCOMM owns patents which are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. QUALCOMM has licensed its essential CDMA patent portfolio to more than 90 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2000 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties relating to the proposed separation and spin-off of QUALCOMM's integrated circuits and system software solutions business, including the tax consequences of the transaction to QUALCOMM and its stockholders, and changes in business climate or market conditions, or other factors which could make the proposed Initial Public Offering and/or spin-off unadvisable. This release also contains forward-looking statements that are subject to risks including those detailed from time to time in QUALCOMM's SEC reports, including its report on Form 10-K for the year ended September 26, 1999, and most recent Form 10-Q. QUALCOMM, OmniTRACS and Eudora are registered trademarks and OmniExpress is a trademark of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. Windows is a registered trademark of Microsoft Corp. Macintosh is a registered trademark of Apple Computer Inc. All other trademarks are the property of their respective owners.

To: lindelgs who wrote (11065)	11/2/2000 8:21:30 AM
From: lindelgs	Read Replies (1) \| Respond to of 65232

COMMENT FROM RMBS THREAD: To: NightOwl who wrote (59826) From: capt rocky 1 Thursday, Nov 2, 2000 7:43 AM ET Reply # of 59842 nite, about 6 months ago i posted that if samsung would hurry up and settle they could, because of the vol. of their production and lead in rdram , rule the dram world. well, better late then never. they will rule big time and be able to set prices. the pressure they will put on mu is going to be tremendous. if rmbs sues end users for use of unauthorized sdram and ddr , which rmbs holds the patents on, samsung will rule the roost. ( if you were a oem and needed sdram or ddr, would you buy from an authorized source or risk a law suit from the patent holder)?( i think the hitachi sega settlement resulted from that threat).this settlement is the biggest rmbs news in a year. the only reason the stock didn't pop yesterday was general weakness in the nas. and wcoms hit. we should have a run today. btw 52 is a paper tiger. we could take 52 out on the open and never look back. the prospects for rmbs have NEVER looked better. just my opinion but i feel real good about this. rocky

To: lindelgs who wrote (11065)	11/2/2000 8:24:29 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

yes, let's drag out stories every 2 weeks with Rambo's signed partners this Elpida is just NEC and Hitachi revisited how about next week, a repeat of Samsung story what I liked most about Samsung was it focused on SDRAM in the next several weeks or few months, I expect the market will make a mental transition with RMBS stock they will gradually shift from regarding RMBS a speculative stock, to viewing it as a royalty mighty engine in the stable: TOSHIBA, OKI, NEC, HITACHI, SAMSUNG as soon as Micron enters the stable, we jump 30-40% overnight / Jim