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

To: Gregg Powers who wrote (9552)	4/1/1998 11:10:00 AM
From: Tim Klots	Read Replies (1) \| Respond to of 152472

Gregg, That is good news indeed about the Korean February subscribers. Actually, what surprises me is that QCOM was not already a member of the S&P Midcap, especially given that its capitalization has barely budged in the past two years. Ironically, too, the company it is replacing, Nextel, has a market cap of $ 8.0 b on trailing 12 months revs of ~ $ 800 m, compared to QCOM'S $ 3.5 b on $ 2.4 b of trailing revenue. Anyway, the reason I own QCOM is because I expect this time next year, its market valuation will be in big cap territory. I hope this most recent run puts all this crap about seeing the 30's or even the 20's for this stock where it belongs. Tim K.

To: Gregg Powers who wrote (9552)	4/1/1998 11:25:00 AM
From: bananawind	Respond to of 152472

Gregg... All... Do you think NEC will be next to sign a license agreement for W-CDMA? NEC Establishes UMTS Joint Venture Company in Europe April 1, 1998 NEW YORK--(BUSINESS WIRE) via NewsEdge Corporation -- NEC Corporation announces that it signed an agreement with ERA Technology Ltd. of the UK which established a joint venture company to design and develop the next-generation of European mobile communications infrastructure systems, for the UMTS (Universal Mobile Telecommunications System) standard. The new company, called Telecom MODUS Limited, will be located in Leatherhead, Surrey, UK. Telecom MODUS will be capitalized at 1,000,000 British pounds, with 60% held by NEC and 40% by ERA. The company is expected to employ more than 100 staff by the year 2000. The worldwide concept of next-generation wideband mobile communication systems, called IMT-2000, provides multimedia communications services and moves to standardize systems are going on in the US, Europe and Asia. The new company will be responsible for the development of the base station sub-system to the ETSI standard for UMTS. NEC has been involved in the development of W-CDMA for NTT DoCoMo in Japan and recently, ETSI has decided to adopt W-CDMA technology as the Air Interface for UMTS. Following the ETSI decision, NEC decided to initiate development of an UMTS system in Europe. ERA Technology is an independent company, originally established in 1920 as the Electrical Research Association. It's activities cover electrical, electronic, communications, radar, EMC and materials engineering. An acknowledged leader in the development and type-approval of first and second-generation mobile cellular systems, ERA has particular expertise in software radio and the application of smart antennas to GSM and other standards. The combination of NEC's advanced W-CDMA technologies, long experience and know-how in the mobile communications field together with ERAs capabilities, provides all the elements necessary for the development of UMTS systems. The new company's activities will result in the timely introduction of systems that offer sophisticated features delivering performance and reliability in a cost-effective manner. NEC has installed analog and digital mobile communication infrastructure in thirteen countries and is promoting its digital (IS-95 based CDMA) systems in Asia and Latin America as well as other areas globally. NEC's current CDMA business puts it in a strong position to capitalize on next-generation IMT-2000 systems. The establishment of the new European development base, together with its CDMA experience, allows NEC to become a major world supplier of next-generation mobile communications systems. -- Background of ERA Technology Ltd. Headquarters: Cleeve Rd. Leatherhead, Surrey, UK Legal Status: Company Limited by guarantee Established: 1920 Staff: Approximately 500 Turnover: 23 Million British pounds (1996) Managing Director: Professor M.J. Withers Business: Research & Technology Organization CONTACT: Kazuko Andersen \| NEC USA, Inc. \| Tel. 212-702-7052 \| Email: andersek@ccgate.ml.nec.com [Copyright 1998, Business Wire]

To: Gregg Powers who wrote (9552)	4/1/1998 3:34:00 PM
From: DaveMG	Read Replies (1) \| Respond to of 152472

Gregg I find it hard to believe that the Korean royalty situation is really what's holding the stock back. Everyone knows about impending launches in Japan,Philipines,etc., all the new handsets from various new CDMA vendors.. It seems more plausible to me that the poor margins, falling handset prices in conjunction with more competition, and the ongoing and very confusing standards imbroglio are to blame.It looks to me like what we're now seeing is short covering caused by this S&P thing.spurred on by little tidbits of news i.e.W-CDMA licensing. Volume today is still considerably below average (3:30), suggesting that we have yet to see any real short capitulation, which might be construed as a positive ...Dave