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Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (5120)	5/4/2009 1:30:18 PM
From: Jim Mullens	Respond to of 9129

Art, re: WCDMA growth. WCDMA handset sales are at a relatively low level at only ~ 20%% of the 1.2Billon last year, and forecast at over 700M in five years (22% CAGR). On top of this is QCOM’s new incremental revenue streams (royalty & chip sales) from the many diversified converged devices just beginning to hit the markets now and being dreamed of for future sales. Re: WCDMA in China- yes, Ericsson’s Olsson is excited –with these recent quotes>>> “ Buoyed by the inauguration of the 3G services in China, the number of mobile subscriptions expanded at a rate of 10 million a month in the first two months of this year, said Olsson (president of the Greater China area for Ericsson) , who also indicated the mobile subscription in the 3G segment alone is likely to grow over 100% a year over the next few years. Meanwhile, the number of mobile users in China reached 750 million at the end of 2008, Olsson noted. ” digitimes.com