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

To: Ruffian who wrote (11714)	6/23/1998 6:21:00 AM
From: Dave	Read Replies (2) \| Respond to of 152472

What do you make of this: biz.yahoo.com Lucent announces upgrade of CDMA system SINGAPORE, June 23 (Reuters) - Lucent Technologies (LU - news) said on Tuesday that its research and development arm, Bell Labs, has developed enhancements to its commercial cdmaOne wireless network. Lucent said the enhancements would enable cdmaOne to deliver twice the current voice capacity and support data services envisioned under the International Telecommunications Union's IMT-200 blueprint for third generation wireless systems. ''By next year, we will begin the phased commercialisation of our first CDMA 3G systems with enhanced high speed radios based on the new Bell Laboratories innovations,'' said Scott Erickson, Asia-Pacific vice president for Lucent's Wireless Networks Group. Erickson told reporters at the CDMA World Congress in Singapore that the upgrades would be compatibile with the existing cdmaOne network.

To: Ruffian who wrote (11714)	6/23/1998 8:07:00 AM
From: Jon Koplik	Read Replies (2) \| Respond to of 152472

Michael - I personally am "here" on Silicon Investor to help "steel" myself when a large portion of the investing world is collectively trying to tell us we are "wrong" by believing a company growing at 70% - 80% plus per year ought to be worth maybe as high a price to sales ratio as the S&P 500 (!) (What a concept...) It is difficult to "keep the faith" (a line I think J Scurci used here a few months back) when one is endlessly bombarded with propaganda. Regarding "is it buying time?" : well, QCOM is below $150 a share, so I think it is buying time. Jon.