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

To: Scott K. who wrote (7195)	1/16/1998 10:51:00 PM
From: Harvey Rosenkrantz	Respond to of 152472

If we can make Japan & Germany major trade partners, why not Vietnam-- Qualcomm Aims to Supply CDMA Cellular Phones January 16, 1998 (HO CHI MINH CITY, Vietnam) -- Qualcomm Inc. of the United States will provide its new code division multiple access (CDMA) mobile phone technology to Vietnam. "We have been explaining the technology to the Vietnamese government for three years and we are now entering a more commercial phase," said Chris Davey, vice president of Qualcomm. Davey was in the country to negotiate with VNPT officials on introduction of CDMA technology. Davey said Qualcomm hopes that bidding for CDMA on a trial basis will start early this year. He said the technology could help advance Vietnam's plan of having six lines per 100 people by 2000. Mai Liem Truc, Chief of Vietnam's DGPT said: "We have just reached 32.5 percent of the 4 million phones we need to date. That means that we need another 2.7 million phone lines. Each phone lines costs about US$1,000, so we will spend about US$2.7 billion for telecom equipment." Truc said that most leading multinational telecom equipment suppliers, including Qualcomm, are seeking business in Vietnam. "The government only wants state-of-the-art technologies," he said.

To: Scott K. who wrote (7195)	1/17/1998 12:22:00 AM
From: JMD	Read Replies (1) \| Respond to of 152472

Scott, just a reminder--and no offense, you may be a veteran at this game--but Alex Brown has a long track record of pre- and post- earnings' rating changes, eps adjustments, etc. At the end of the day, these guys come back and love the Q but in the interim a whole lot of shares change hands. If I were skeptical and thought commissions were driving the ups, downs, and arounds of all this analytical wisdom, but, no that's a story for another day. . . ..Mike Doyle