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

To: slacker711 who wrote (44923)	3/8/2005 7:52:14 AM
From: slacker711	Respond to of 197212

Dr. Irwin Jacobs to Remain Chairman; Tony Thornley to Retire; Changes Effective July 1, 2005 - Let me first say thanks to Dr. Jacobs and Tony Thornley for all they have done over the years. Though I had hoped that this wouldnt happen for quite a while, I hope they both enjoy their much deserved retirements. Slacker

To: slacker711 who wrote (44923)	3/8/2005 8:03:24 AM
From: slacker711	Read Replies (3) \| Respond to of 197212

QUALCOMM Names Dr. Paul Jacobs as CEO Unfortunately, I think the question needs to be asked...has Paul accomplished enough to deserve this promotion? Dr. Paul Jacobs has been the primary driver of QUALCOMM's focus on enabling wireless data. He has held numerous engineering and management positions since joining the Company fulltime in 1990. Dr. Jacobs' early work focused on the speech compression techniques that became CDMA's initial differentiating consumer feature. In 1995, he was appointed to run the handset and integrated circuit division, which was subsequently divided into QUALCOMM Consumer Products (QCP) and QUALCOMM CDMA Technologies, respectively. Important developments which began under Dr. Jacobs in QCP include the first Palm OS(R)-based smartphone, the Company's initiative to include global positioning system (GPS) capabilities in cellphones and the initial work on the BREW(R) environment. Dr. Jacobs expanded this latter idea into the overall concept for the BREW system, which included dynamic downloading of applications with security checks for digital signatures, and the business ecosystem that enables BREW developers to engage operators globally and receive payment. He was an early proponent of embedding TCP/IP in CDMA phones and worked with operators and industry partners to develop technology which allowed CDMA devices to directly connect to the Internet. Dr. Jacobs first conceived of deploying voice over Internet protocol (VoIP) as the basis for push-to-talk capabilities over CDMA networks, which became QChat(TM), and he developed many of the technical concepts and business strategy for the MediaFLO system. Dr. Jacobs holds a Ph.D. in electrical engineering from the University of California at Berkeley. JMO....but I dont think that enough of these initiatives have been successful to endorse his promotion to CEO. This isnt much of a surprise....I guess we'll just have to hope that he is closer to the second generation of Galvins (Robert) than the third (Christopher). Slacker

To: slacker711 who wrote (44923)	3/10/2005 10:44:51 AM
From: estatemakr	Read Replies (1) \| Respond to of 197212

Does anyone else but me start grinning slyly at the statement attributed to Dr J. when announcing his retirement?......."I am especially excited by what is yet to come"...... :-) I'm no techie, just a long time QCOM investor and admirer of Dr. J. Look, he's sly like a fox, and QCOM is HIS baby!! There's NO WAY he would have stepped down if there was even an inkling of trouble on the horizon, in my opinion. He's stayed at it this long, not for the money, but because it is his passion! The more I contemplate this week's news, the better I'm sleeping at night, knowing that Dr J. would only leave with QCOM firing on all cylinders. The latest news regarding QCOM's lead in hspda is just one more confirmation that good times are coming. I think Dr. J stepping down is a signal to back up the truck and start loading up :-)