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

To: Frank Byers who wrote (8815)	2/24/1998 2:18:00 AM
From: Alan Hume	Read Replies (1) \| Respond to of 152472

To readers of this thread, Greetings, my name is Alan Hume, I have been watching QCOM for the past year or so, and am asking one of you insiders if QCOM is a currently a good recommendation for a mid term investment. And if so if the $53 is a good entry point?. From an MACD point of view it looks good, but this tells nothing about the current fundamentals. Whenever I visit SanDiego one cannot help but notice QCOM's expansion,which may indicate they plan to go places. My interests have been predominantly in the storage media and computer industries so telecom is somewhat new to me as an investment vehicle. I would appreciate your advice or comments Regards Alan

To: Frank Byers who wrote (8815)	2/24/1998 2:29:00 AM
From: brian h	Read Replies (1) \| Respond to of 152472

Frank, Thanks to point that out. Agree 100 %. Though the $240 million contract is not bad at all. At least it mitigates the short term impact from South Korean ASIC's sales. QCOM may lose 150 million (guess only) order but gain back another $240 million. For this reason, it sure should go back to $70. Do you agree? Ramsey and Dougjn. Remember $240 million is on top of $2.5 billion backlog. Now we are near $3 billion in sales forecast. If only, QCOM gets Mexico' WLL deals. Then, any portion of its business will be making money. It will be awesome. We shall see!!!!!! Anyway, here is a report, Five Go it Alone with US Third Generation Standard By Sheridan Nye 23-FEB-98 Five formidable forces in the US wireless market said they will pursue a joint vision for a third generation mobile standard based on the cdmaOne air interface, publicly dismissing efforts to win their support for Europe's nascent UMTS proposal. Sprint PCS, Lucent Technologies, Motorola Cellular Infrastructure Group, Nortel and Qualcomm pledged to trial their rival technology "no later than 2000". They said their 3G standard would evolve out of cdmaOne - the brand name for technology based on the CDMA IS95 air interface - which dominates the US digital market. In contrast, the rival Global System for Mobile communications has made little inroad into the US, despite its strong presence in Europe and Asia - justification, say the five, for a 3G standard that is backwards compatible with cdmaOne alone. Citing IS95's superior spectrum efficiency and voice quality, the companies also claim to have demonstrated high speed data at "several megabits per second" in initial trials of a cdmaOne-based system. Their proposal would also have the advantage of reusing current spectrum allocation for PCS services, the companies said. Prospects for a global standard for 3G mobile hinge on the US's approach to the issue. The Europeans took a step forward last month by deciding on a single air interface standard - a hybrid of GSM and CDMA-based technologies - for their Universal Mobile Telecoms Standards. But talks in Tokyo last week aiming to bring the US onboard broke down acrimoniously, amid claims that the cdma camp was protecting its domestic interests at the expense of achieving a global approach to 3G. The European Telecoms Standards Institute refused to contemplate 'slowing down' GSM handsets to aid compatibility with cdmaOne, instead staying true to its June 30 deadline to submit UMTS to the International Telecommunication Union. "To date, this ongoing discussion has not produced a clear, decisive path for the development of third generation wireless technology," said Sprint PCS which operates the largest nationwide deployment of cdmaOne technology in the US. Al Kurtze, Sprint PCS chief operating officer, said today's announcement marked the five companies "putting a stake in the ground. I am confident that [the initiative] will lead to the development of superior technology for the benefit of consumers and businesses in the US and round the world," he said. Brian H.

To: Frank Byers who wrote (8815)	2/24/1998 8:13:00 AM
From: qdog	Read Replies (2) \| Respond to of 152472

Yeah, yeah, yeah. So what is so tremendous about this. I think this is exactly what I have been argueing for the past few weeks about. Todays news: 199.171.136.202 199.171.136.202 199.171.136.202 199.171.136.202