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

To: Greg B. who wrote (9383)	3/25/1998 9:28:00 AM
From: bananawind	Respond to of 152472

All.... WLL Contract in China! QUALCOMM Announces CDMA Wireless Local Loop Trial Agreement in China SAN DIEGO, March 25 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced it has signed a contract with the Beijing Telecommunication Administration (BTA) for a cdmaOne(TM) (IS-95 Code Division Multiple Access) Wireless Local Loop (WLL) trial in China. Under the terms of the agreement, QUALCOMM will supply infrastructure equipment, subscriber terminals and deployment services for the 1900 MHz CDMA WLL trial in the Wukesong area of Beijing. The trial system has already been deployed and is operational. ''As the developer of CDMA technology and a leading supplier of CDMA wireless local loop systems, QUALCOMM has a great deal to offer Chinese operators, including strong products, global deployment experience and unparalleled CDMA expertise,'' said Larry Hartigan, regional vice president North Asia, for QUALCOMM's Wireless Infrastructure Division. ''We are pleased to have the opportunity to showcase our wireless local loop system to the Beijing Telecommunication Administration and other Chinese operators, and we look forward to the certification of our equipment for commercial sale in China.'' The agreement specifies that upon successful completion of the Acceptance Test Plan, which consists of a series of functional and performance tests defined by QUALCOMM and the BTA, the BTA will purchase the CDMA WLL system. The BTA intends to acquire market and end-user information about WLL services and technology throughout the three-month trial. The trial system consists of QUALCOMM's distributed scaleable QCore(TM) 22X Integrated Base Station Controller, QCell(TM) 2519e base stations and 200 wireless local loop subscriber terminals. QUALCOMM's products optimize cdma0ne technology to its greatest potential, providing high-performance networks to operators all over the world. The system will be designed using QUALCOMM's industry-leading network planning software tool, QEDesign(TM). QUALCOMM will also provide a range of deployment services, including installation, commissioning and optimization. QUALCOMM has emerged as a leader in the WLL arena with commercial WLL systems in Russia and India, and other WLL deployments underway or planned in Bangladesh, the Democratic Republic of Congo, Nigeria, the Philippines, Russia and the Ukraine. As the pioneer of CDMA technology, QUALCOMM continues to invest in research, development and standardization of new CDMA features and services, as well as third-generation digital wireless technologies. Headquartered in San Diego, QUALCOMM develops, manufactures, markets, licenses and operates advanced communications systems and products based on its proprietary digital wireless technologies. The Company's primary product areas are the OmniTRACS(R) system (a geostationary satellite-based, mobile communications system providing two-way data and position reporting services), CDMA wireless communications systems and products and, in conjunction with others, the development of the Globalstar low-earth-orbit (LEO) satellite communications system. Other Company products include the Eudora Pro(R) electronic mail software, ASIC products, and communications, equipment and systems for government and commercial customers worldwide. For more information on QUALCOMM products and technologies, please visit the Company's web site at qualcomm.com. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties including timely product development and commercial implementation of the Company's products, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 28, 1997 and most recent Form 1O-Q. QUALCOMM, OmniTRACS and Eudora Pro are registered trademarks of QUALCOMM Incorporated. QCell and QCore are trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. cdmaOne is a trademark of the CDMA Development Group. SOURCE: QUALCOMM Incorporated

To: Greg B. who wrote (9383)	3/25/1998 6:33:00 PM
From: chuckj	Read Replies (1) \| Respond to of 152472

I have been following these dogs for a couple of years and this is no surprise to me. This company is based on welfare system. Qcom has never made any money on their own phones and never will unless they reduce the size of the welfare state. Now that they are deep into debt (ontop of the prefered shares), with their current business model, this company is not a going concern.