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

To: JMD who wrote (8855)	2/24/1998 2:29:00 PM
From: Greg B.	Respond to of 152472

Mike: Here Nortel is also doing the "Pay to Play": biz.yahoo.com Separately, seems like the CDMA camp needs more vocal supporters before this challenge is taken more seriously. Greg

To: JMD who wrote (8855)	2/24/1998 2:30:00 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 152472

Mike, I'd love to have done another rant on price, but I'm overwhelmed. Rushing straight to the conclusion, I can't see that Ramsey going on holiday will even be noticed. There are 10 000 people with 40 horsepower brains [technical term] helping Qualcomm produce amazing stuff. Give or take 700, which seems to upset some commentators and even make them panic. cdmaOne is rolling over everything, 3G included - which was obvious 6 months ago [see my prescient posts in Frezza if we are going to have a soothsay competition]. Announcements are coming faster than snowflakes in an Ottawa blizzard and these are not vapourwear [sexy NZ underware speling] announcements unlike Ericsson and co. Who if you read through qdog's patent lists on CDMA, don't have a dog's chance of making CDMA work in wideband - hence their pleading on IPR from Qualcomm. Even Motorola, an early licensee is crashing and stumbling through the wireless ether like a blind dinosaur. An obsolete satellite system is nearly launched and their terrestrial systems are being dumped by Primeco. Their handsets are maybe arriving [second fake announcement?]. Sony is showcasing an Anita-TM complete with nipponclipon digital video camera - notice Anita-TM's is built in. cdmaOne capacity is going through the roof with soft handoff improvements and other whizbang gadgetry. Oil price is today at an all time low. Contrary to some econometric stupidity, wars are not economically productive and Saddam's latest pretence is an economic boost since his oil might just get sold, contrary to the USA/other oil interests. People will buy cellphones instead of spending all their money on oil, to make it perfectly clear. Philips, Audiovox and other swarms of handsets are now available. This is good for Qualcomm! They get royalties on ALL cdmaOne sales. They also get a giant market in a short time. Ericsson gets buried quickly. Forget about the VCR/Apple nonsense which people get all wrong anyway. Korea panic? I have to defend Irwin and pals here. This is a pimple on a pumpkin. Now if New Zealand had turned turkey, there would have been concern. But Korea? There is no way they could have forseen the silly panic over a cancelled order or two. Check out SK Telecom report - 46 million South Koreans, 9 million cellular subscribers, 4 million of which = CDMA, with 58% growth. Embarrassed to use a cellphone? Well, that is still the case here too. People scurrying out of restaurants and generally trying to pretend they aren't an ignorant social slob addicted to their phone. The wealth effect went away in most people's minds about 4 years ago. Korean cellphone sales will be way up again this year! Financial panic notwithstanding. Lots more good news out of Qualcomm too. Can't remember them all, but it adds up to total success in the cdmaOne world and check out Irwin's statements for where they are going: "The wireless data revolution is about regaining our freedom to communicate by taming technology to make it a natural extension of human interaction and behavior. It's a revolution that promises to provide every consumer greater control over how they manage their busy schedules, allowing them to conduct business or engage in social interaction whenever, wherever and however they want". "QUALCOMM will continue and, in fact, accelerate its leadership role in providing integrated end-to-end wireless data solutions that meet the needs of customers for communications and information access anytime, anywhere, with any device and in any form". "The time is right for the onset of the wireless data revolution, ranging from the emergence of high-quality digital wireless infrastructure to an explosion in the popularity of information services delivered as Internet mail. In addition, there is a new class of intelligent wireless handsets with the functionality of network computers". "QUALCOMM is uniquely positioned to lead the wireless data revolution by drawing upon the various components the company already has in place to deliver an integrated solution". That means that Microsoft is not uniquely positioned to lead the wireless data revolution. Qualcomm already has in place software, chips, hardware, marketing based on the best technology, owning the IPR. That means IBM, Microsoft, Intel, combined. Okay, so they gang up with Cisco to connect to the wired world - that's fair enough. Ramsey, your holiday can't fight that lot. Then again, individuals are perfectly entitled to worry that the batteries might go flat or Tero's Nokia/Ericsson government protected cartel might sweep the field. So they'll sell. Sell Qualcomm? - yeah, buy in the 30s!! Which of you is going to sell in the 30s? Life's a giggle! Mqurice