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

To: JGoren who wrote (5069)	10/31/1997 1:29:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

JGoren, while you might have heard all you want to on the Global Village, you better get used to it, just as I have to get used to governments increasingly controlling and monitoring the minutae of our lives. Personally, I'm pretty happy with the idea of a global village, as they will use a Globalstar and cdmaOne systems. So I'll be better off. But look, the numbers from the article Harvey put in don't add up: "During the first nine months of 1997, Samsung sold 2.55 million CDMA mobile phones in the Korean market, or 56 percent of the total. Its chief domestic rival, LG Information and Communications Ltd., was a distant second with 690,000 units, or a 27 percent share." 56% of 4.5 million = 2.52 million [Samsung] 27% of 4.5 million = 1.21 million [LG Information] NOT 690 000!!!! For a total of 3.73 million for the two of them. The figures are mutually exclusive - both can't be true. Either 27% is wrong or 690 000 is wrong. Or maybe 2.55 or 56%? Can't really tell. Therefore Qualcomm Personal Electronics therefore sold the rest [other than a few], about 800 000. But supposing they are within cooee, there must have been about 4.5 million handsets sold this year in Korea. Say 1 million in USA. Plus some in Hong Kong, China, Canada, Philippines, Singapore, Peru, here and there. There must have been about 6 million sold this year. Plus nearly a million from last year in Korea, Hong Kong and USA as well as further sales to go in November and December leads to about 7 314 159 total cdmaOne handsets in operation by the end of 1997! As predicted by me early this year! MIW