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To: JMD who wrote (7734)	1/29/1998 5:34:00 PM
From: Jim Lurgio	Respond to of 152472

With regards to the 3g standard selected today by ETSI this little statment by QCOM from a Total Telecom Article. Any opinions on how this may effect QCOM ? Qualcomm, the US vendor, owns many of the patents for CDMA technologies. It has said it intends to make a statement on the subject tomorrow UTRA will rely on W-CDMA for its cellular voice totaltele.com

To: JMD who wrote (7734)	1/29/1998 5:39:00 PM
From: Webster	Respond to of 152472

Mike, make sure you remember to put up your poker "anty" this time. You don't want to miss out on buying opportunities that will come. Your comments have been quite accurate in the past. Thanks. Web.

To: JMD who wrote (7734)	1/29/1998 5:52:00 PM
From: Sawtooth	Respond to of 152472

<<The contrarian notion is that this is a tremendous opportunity for cash rich firms in Europe, America, and Taiwan. What if LOR can leverage what are obviously huge cancellation penalties into ownership of the systems?>> Hey, Mike; I really like that style of thinkin'! <<Not too difficult to see that a ton of assets are available at fire-sale prices. The poker game has just begun.>> Concur. Good time to be holding some chips. (But, it gets so darn tempting to jump in right away!) Regards.