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


To: Caxton Rhodes who wrote (109567)12/16/2001 5:15:25 PM
From: pcstel  Read Replies (1) | Respond to of 152472
 
What are you talking about? 5 years from now is almost 2007, 2003 capacity will be 50M. 2003 is not 5 years away, it is 13 months.

So 2007 is 5 full years away (really 6 years the way you count).
Using the same metric.. Your 2003 would be 25 months away!

I guess will just chalk it up to "Perspective"

The deal for 2.5% royalties is tied to using Qualcomm chips.

Sounds good!!.. But, the reality is.. Is that is not what the agreement really says..

qualcomm.com

"QUALCOMM will grant to Chinese manufacturers royalty-bearing licenses under QUALCOMM's intellectual property to make and sell subscriber units and/or infrastructure equipment for wireless applications. Chinese manufacturing companies who enter into such licenses with QUALCOMM will give assurances to purchase their requirements of CDMA Application Specific Integrated Circuits (ASICs) from QUALCOMM as long as QUALCOMM's ASICs are competitive in price and function."

Like I said.. Stop by and take a look at those $55 Chinese 4-Head VHS VCR's that were selling for $130 a year and a half ago. $50 CDMA phones won't be far behind!!

Regards,
PCSTEL