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

To: dan_oz who wrote (92516)	1/25/2001 4:42:15 PM
From: Ruffian	Respond to of 152472

AH-77...................eom

To: dan_oz who wrote (92516)	1/25/2001 4:53:39 PM
From: David E. Taylor	Read Replies (4) \| Respond to of 152472

Dan & All: The Company updated its plans with respect to the proposed spin-off and Initial Public Offering (IPO) of its semiconductor business, referred to as ``QUALCOMM Spinco, Inc.'' Given current uncertainties in the financial markets, the Company is evaluating the need for and timing of an IPO. Regardless of the IPO decision, the Company continues to plan for the spin-off with full distribution of QUALCOMM Spinco, Inc. shares expected to occur by the fall of 2001, subject to approval by QUALCOMM's Board of Directors. Those seem to be somewhat contradictory statements. On the one hand, "the company is evaluating the need for and timing of an IPO", which implies they may not do it at all. Then, "the Company continues to plan for the spin-off with full distribution of QUALCOMM Spinco, Inc. shares expected to occur by the fall of 2001". If not spin-off to shareholders, spin off and distribution of shares to whom? Maybe I'm misreading this, or maybe the cc will clarify what the heck they mean. David T.

To: dan_oz who wrote (92516)	1/25/2001 5:05:33 PM
From: phatbstrd	Respond to of 152472

We got some growth coming! I bet next 3 quarters (after 1Cq '01 of 16m) looks like 18m, 24m, 32m... >>>>>Unit Shipments - The Company expects to ship approximately 16 million MSM integrated circuits during the second quarter of fiscal 2001<<<<< >>>>>>The demand for CDMA integrated circuits remains strong and the Company expects the introduction of third-generation cdma2000 1x networks to accelerate growth in the second half of fiscal 2001. As stated in the prior quarter, the Company continues to assume a forecast of 90 million CDMA phones sold in calendar 2001 <<<<<<<<