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

To: William Hunt who wrote (87882)	11/20/2000 4:38:46 PM
From: ggamer	Respond to of 152472

Boom Boom! QUALCOMM Expands NEC's CDMA License for 3G CDMA SAN DIEGO--(BUSINESS WIRE)--Nov. 20, 2000--QUALCOMM Incorporated (Nasdaq: QCOM - news), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced an amendment to NEC's existing CDMA subscriber unit and infrastructure license agreement which expands the licenses under QUALCOMM's CDMA patent portfolio to include the development, manufacture and sale of subscriber and infrastructure equipment for third-generation (3G) CDMA (i.e., cdma2000, WCDMA and TD-SCDMA) and 1xEV (HDR) products. Under the terms of the amendment, NEC will pay QUALCOMM a license fee and ongoing royalties at the same rates for 3G as those for cdmaOne equipment, irrespective of the licensed CDMA standard. ``QUALCOMM's patent portfolio continues to be recognized as essential for development of all proposed third-generation CDMA systems,'' said Steve Altman, president of QUALCOMM Technology Alliances. ``We are very pleased to include NEC to our growing list of second and third-generation CDMA licensees. Working together, QUALCOMM and NEC successfully deployed CDMA in the Brazilian market. With its experience in CDMA, its existing supply relationship with NTT DoCoMo and its expanding presence in Europe, we expect NEC to be a major supplier of CDMA equipment, including WCDMA. In fact, NEC was one of the earliest companies to announce shipment of WCDMA equipment to NTT DoCoMo.'' ``QUALCOMM is the pioneer in CDMA technology,'' said Toshiyuki Takenaka, associate senior vice president and executive general manager for NEC Corporation. ``We are pleased that NEC extended its existing license agreements to enable it to continue to supply CDMA systems. We look forward to continuing our positive relationship with QUALCOMM and help grow the worldwide CDMA market. As the chair of the TSG Radio Access Network of 3GPP, NEC greatly contributes to the elaboration of Release 99 & 00 standard.'' NEC Corporation (NASDAQ: NIPNY - news; FTSE: 6701q.l) (TSE: 6701) is a leading provider of Internet solutions, dedicated to meeting the specialized needs of its customers in the key computer, network and electron device fields through its three market-focused in-house companies: NEC Solutions, NEC Networks and NEC Electron Devices. NEC Corporation, with its in-house companies, employs more than 150,000 people worldwide and saw net sales of 4,991 billion Yen (approx. US$48 billion) in fiscal year 1999-2000. For further information, please visit the NEC home page at: nec-global.com QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's 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 that 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, including the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 24, 2000, and most recent Form 10-Q. QUALCOMM, OmniTRACS and Eudora are registered trademarks and OmniExpress is a trademark of QUALCOMM Incorporated. cdmaOne is a trademark of the CDMA Development Group. 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. -------------------------------------------------------------------------------- Contact: QUALCOMM Incorporated Corporate Public Relations Christine Trimble, 858/651-3628, fax 858/651-2590 ctrimble@qualcomm.com or Investor Relations Julie Cunningham, 858/658-4224, fax 858/651-9303 jcunningham@qualcomm.com or NEC Contact: Corporate Communications Akiko Shikimori, +813/3798-6511, fax +813/3457-7249 Akiko_Shikimori@ay.jp.nec.com

To: William Hunt who wrote (87882)	11/20/2000 5:02:46 PM
From: Keith Feral	Read Replies (3) \| Respond to of 152472

OT - FL Supreme Court I think that their questions accurately balanced the dilemma before them. My question is how they made an injunction against the Secretary of State with no legal standing, i. e. there was no petition before them to make a legal judgement. However, the turn of events seems to be improving as the FL Attorney General has ruled that overseas ballots that were discarded for lack of postmarks must be included. This could deliver Bush an additional 300 to 500 votes, assuming the same margin of vicory for the remaining 1400 votes. That would increase his margin to 1230 to 1430. With 50% of Palm Beach in and 80% of Broward in, Gore has only picked up 127 votes. With Vollutia arleady in, Dade County is the only wild card that could tip the balance in favor of Gore. I think that Gore's strategy to erode Bush's margin of victory through dimpled ballots is falling short of his objective. With the Supreme Court making a ruling, this strategy works in favor of Bush from this point. If they rule in favor of Gore, they have diminished their ability to contest the election results since their protests have already reached the highest court in Florida. If the court rules in favor of Bush, Gore suffers a complete loss of confidence and the election results will be certified without further delay. This would force Gore to contest the election results with the State court in Leon County which maintained that Harris demonstrated proper discretion in denying the Democrat's complaints on Friday. I think the lack of legal challenges left for the Democrats is becoming obvious.