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

To: Jorj X Mckie who wrote (114422)	2/25/2002 7:06:56 PM
From: slacker711	Read Replies (1) \| Respond to of 152472

Even if it was announced that QCOM was awarded the contract, I would want to see the payments terms before I considered it to be positive news. Anybody who has done business in India knows that a "win" can actually be a "loss" and payment terms of 9-12 months are a risky thing as well. I think you misunderstood my post...I am not depending on them for growth during this or next quarter. I think we will see a small impact during the second half with a potential for real success during '03. Once Reliance awards/builds the network, some level of growth is nearly guaranteed. The rate per minute that WLL is going to charge in India is incredibly low. Slacker