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


To: Pierre who wrote (97066)4/6/2001 5:38:26 PM
From: Jim Fleming  Respond to of 152472
 
Still, why are that many phones in a warehouse?

Pierre

I don't know the answer but I believe Verizon's original order was for one million phones from Nokia.

Jim



To: Pierre who wrote (97066)4/7/2001 9:08:29 PM
From: golfinvestor  Read Replies (1) | Respond to of 152472
 
<Verizon? Sales that slow?>

My guess is the unidentified official is from LWIN since they state a new chip should be put in the phone. A nice indirect plug for Q if you ask me. BWDIK.

Snip

An official at one carrier, who declined to be identified, doesn't accept Nokia's argument, however.

"It's their problem, and since we have a quarter-million of their phones in a warehouse, we think they should take them back and put in a new chip set. We don't want to sell these phones to our customers," the official said.

Andrea Linsky, a spokeswoman for Verizon Wireless in
Bedminster, N.J., said her company "is working with Nokia to
make sure customers' handsets can evolve" to the new 3G
standards...