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

To: limtex who wrote (10173)	4/22/1998 11:39:00 AM
From: bananawind	Read Replies (1) \| Respond to of 152472

HP Wideband-CDMA Design Library Advances Third-Generation Mobile-Communications-System Design SANTA CLARA, Calif.--(BUSINESS WIRE)--April 22, 1998-- Hewlett-Packard Company today announces the HP W-CDMA design library, a wideband code-division multiple access (W-CDMA) design library that helps communications-system design engineers reduce design and implementation time for systems based on this new, wireless, high-bandwidth technology. The design library, which was developed by the HP EEsof Division, is expected to contribute to the faster adoption of W-CDMA technology by offering digital-communications- systems designers access to specification-compliant designs and test benches. The announcement was made here at DSP World, a trade show focusing on digital signal-processing technologies. ''W-CDMA systems are expected to become the worldwide standard for the next generation of personal wireless communications,'' said Hans Mattes, business-development manager for HP's Microwave and Communications Group. ''HP has worked cooperatively with several standard-setting organizations to develop the design library to conform with the IMT-2000 standard that is being proposed for third-generation digital-communications systems throughout the world.'' HP is a founding member of the Association of Radio Industry and Business (ARIB) and a long-standing member of both the European Telecommunications Standards Institute (ETSI) and CDMA Development Group (CDG). All of these organizations are working to set industry-accepted standards for W-CDMA. A SINGLE, INTEGRATED DESIGN ENVIRONMENT The software library is part of the HP Advanced Design System, a comprehensive, integrated design environment for telecommunications and multimedia systems. The addition of the W-CDMA design library builds on HP's Advanced Design System to provide a software package that allows design and verification of all parts of a communications-system design -- including analog, radio frequency (RF) and digital technologies -- in a single, integrated design environment. The HP W-CDMA design library, which enables designers to create, measure and analyze all components of the system simultaneously, helps reduce design-cycle time significantly. U.S. PRICING AND AVAILABILITY The HP W-CDMA design library is $30,000 and is available immediately for UNIX(R) system platforms from HP and Sun and for PCs using Windows(R) 95 and Windows NT(R) 4.0 operating systems. ABOUT HP Hewlett-Packard Company is a leading global provider of computing, Internet and intranet solutions, services, communications products and measurement solutions, all of which are recognized for excellence in quality and support. HP has 123,300 employees and had revenue of $42.9 billion in its 1997 fiscal year. Information about W-CDMA design library and other HP EEsof products can be found on the World Wide Web via hp.com. Note to Editors: UNIX is a registered trademark of The Open Group. Windows is a U.S. registered trademark of Microsoft Corp. Windows NT is a U.S. registered trademark of Microsoft Corp. Sales information may be obtained by calling 800/452-4844 ext. 5911. Please do NOT use editor-contact or corporate telephone numbers for sales information. If you choose to review this item, your readers will receive the quickest response to their inquiries by mailing them to: Hewlett-Packard Company, Test and Measurement Organization, 5301 Stevens Creek Blvd., MS 54LAK, Santa Clara, Calif. 95052. Contact: Hewlett-Packard Company Elisabeth Kannow, 818/879-6440 elisabeth_kannow@hp.com or CM Communications for HP Caroline Murphy, 650/324-8819 cpm1@earthlink.net

To: limtex who wrote (10173)	4/22/1998 12:11:00 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 152472

limtex, like I said on an earlier post, this is a buy opp. QCOM's stock price has consistently provided these opportunities over the last few years that I have held the stock. By buying on these misinterpreted news and analysis, I managed to keep knocking down the cost basis for my core holdings to now below 30. QCOM's time will come and the long term side of me really don't care whether it is next yr or five years from now. Tim Luke of Lehman and Alex Ciena of Bears Stearns have more comprehensive analysis of the company. Lehman makes their analyst reports available on the net. I am anxious to see Luke's revisions which probably should be out some time today. Trying to be as objective as possible. There are certainly manufacturing pains as well as market pains this past qtr. In this high tech world, not many can execute flawlessly like LU. How severe is QPE's handset problem? Well, it looks like they have already taken the hit. There were no disclosure as too how many handsets were actually "recalled" but it sounded like the entire inventory. If they still managed some profit margin with such a big snafu, I can only assume that their cost is under control. Also not discussed (at least I didn't hear it during the cc) was SG&A expense which I assume included the huge bill for the Superbowl party. We can argue the merits of that expensive publicity campaign but the fact remains that forward advertizing expense should be less. In summary, I don't think it was a great qtr but considering all the negatives, it really wasn't that bad. IBM went up on what I consider a really bad qtr. They said PC environment is terrible and DELL, GTW hit new highs. Short term momentum is just that, short term. In the long run, fundamentals still rule. Ramsey