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

To: John Cuthbertson who wrote (8606)	2/17/1998 5:00:00 PM
From: kech	Respond to of 152472

Qcom denies second shoe will drop in Korea. On Feb. 5, the wireless telecommunications equipment maker said its second-quarter earnings will fall below first-quarter levels due to canceled or delayed orders from South Korea, its major export market. Qualcomm also said it would cut about 700 temporary jobs. Since then, Qualcomm said it contacted its other Korean customers and does not expect any other order cancellations or delays. The company also is in talks to see if the cancelled order could be rescheduled for later in the year. "The situation in Korea is still volatile and there are still things that could happen...but we don't see any change from what we reported a week or two ago," White said.

To: John Cuthbertson who wrote (8606)	2/17/1998 5:39:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 152472

John, There may be a little too much focus on this 3g W-CDMA stuff, almost replacing the original holy war that ERICY waged against QCOM/CDMA. I have to remind myself that no one, as far as I know, has made a dime off W-CDMA yet. We can argue all day long whether QCOM's IPR can be circumvented or not. I am willing to bet that QCOM will get something for the rights. In addition, it is not as if QCOM is precluded from participating in whatever this W-CDMA is themselves. In comparison to the current status, with no penetration whatsoever in Europe, it seem to put QCOM in a no lose situation, just a matter of how much they will gain. Then again, us QCOM investors may just be too biased. Ramsey