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

To: foundation who wrote (28782)	11/12/2002 9:05:50 AM
From: foundation	Read Replies (1) \| Respond to of 197015

EU Approves Phone Patent License Pact of 18 Companies (Update1) By Robert McLeod Brussels, Nov. 12 (Bloomberg) -- Alcatel SA, Siemens AG and 16 other mobile-phone equipment makers and service providers won European Commission approval to share patented technology to give a push to third-generation wireless services in Europe. The commission said the accords do not stop competition between different phone standards and could promote innovation. ``Better access to patents is indispensable to the rapid introduction of third-generation mobile services,'' it said. ``The licensing arrangements should not discourage further research and development and innovation in the mobile communications sector,'' the commission, the European Union's regulatory arm, said in a statement. Phone companies are struggling to reduce the debt after paying about $100 billion to buy wireless licenses. France Telecom SA has about 70 billion euros ($71 billion) of debt -- more than five times its market value. The other companies were Vivendi Universal SA's Cegetel SA unit, France Telecom, Fujitsu Ltd., Royal KPN NV, Sony Corp., Electronics and Telecommunications Research Institute Korea and LG Electronics Inc. unit LG Information and Communication Ltd. They also included Matsushita Electric Works Ltd., a unit of Matsushita Electric Industrial Co., NEC Corp., NTT DoCoMo Inc., Robert Bosch GmbH, Samsung Electronics Co., SK Telecom Co., Sonera Oyj and Telecom Italia Mobile SpA, the commission said. The commission said it took into account the fact that other patent holders, including Ericsson AB, Nokia Oyj, Motorola Inc. and Qualcomm Inc. were not involved in the licensing agreements. Link:http://www.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.ht&s=APdDoHxV9RVUgQXBw

To: foundation who wrote (28782)	11/12/2002 2:35:36 PM
From: Mr. Sunshine	Read Replies (3) \| Respond to of 197015

So what does everyone think about a dividend? With a market cap of about 26 Billion, a 1% yearly dividend would cost $260 million, easily covered by earnings. IJ has in the past said (IRT questions at the annual meeting, if I remember correctly) that dividends and stock buybacks were unlikely as they would rather use the cash for strategic investments. Comments?

To: foundation who wrote (28782)	11/13/2002 3:56:37 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 197015

<font color=RED>A dividend!!! Woohoooo!!!! Yayyy QUALCOMM. <``The question is not whether we need cash, but what we intend to do with the cash,'' said Anthony Thornley, Qualcomm's chief operating officer, in an interview on Bloomberg Television. The company had $3 billion at the end of the past quarter and may use some of that to buy back stock or pay a dividend, he said. > How many companies these days have cash in the bank, mountains of it rolling in, growth prospects to 7 billion people [world's population is still growing - but even 5 billion would be quite nice], competition losing ground not gaining, technological developments expanding in all directions, cyberspace growing like topsy and can start to pay dividends? Especially companies in the cyberspace and telecosmic industry. I wanna cheque by Xmas! Investment is about getting a return on investment while doing great things for people [creating a huge consumer surplus ideally]. Having a "Let's blow this hoard of money on some fanciful idea" committee is NOT a good idea. Investors can decide to blow it on some fanciful idea if they are feeling wealthy. Mqurice