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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: cfoe who wrote (7118)2/8/2001 2:01:05 PM
From: DaYooper  Read Replies (1) | Respond to of 196617
 
Thanks Michael. Much better job than this one:

btw, how were you able to listen to the presentation and why not able to the Q&A?


CDMA wins the battle, QCOM says

By Nicole Maestri, CBS.MarketWatch.com
Last Update: 1:19 PM ET Feb 8, 2001 NewsWatch
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SAN FRANCISCO (CBS.MW) -- CDMA has won the battle over the so-called third-generation of wireless networks, said Qualcomm COO Richard Sulpizio, adding that even AT&T is getting into the standard.

"This is our game to lose," he said regarding the company's position in the CDMA market. As long as the company has a good roadmap, continues to introduce new products and follows competitive pricing, he said the company will remain ahead.

Regarding the company's growth, he explained at a standing-room only session at the Banc of America Technology Week conference in San Francisco that it's dependent on how fast the CDMA market grows and the overall demand for wireless data.

He also said that every major wireless manufacturer has approached Qualcomm for a 3G license. Effectively, he said Qualcomm (QCOM: news, chart) will be ready for the roll out of the new standard.

"Our goal is to get CDMA out there as soon as possible," he said.

Shares of Qualcomm were off 88 cents to $85.75.

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