Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sawtooth who wrote (11746)	6/24/1998 9:48:00 AM
From: gdichaz	Respond to of 152472

There are at least 4 CDMA "tests" now underway in China. One "launch" on June 14. Not much, but CDMA is just at the earliest phase of its potential in China. Still convinced that the Chinese leadership which is technologically literate - up to and including the Number One Leader - will not settle for 2nd best, i.e. GSM, forever. All these announcements are just additions to GSM systems now in place. They are "legacy" systems and should be viewed as such. CDMA is the future in China with huge potential there. As always just IMO. Chaz

To: Sawtooth who wrote (11746)	6/24/1998 9:55:00 AM
From: Gregg Powers	Respond to of 152472

I think everybody seems to have forgotten about Mexico. I expect that in the very near future Qualcomm will announce both an additional major investee in its Mexican CDMA system plus an associated large infrastructure contract. When these announcements occur, there are several things to focus on. First, by attracting a major investment partner, QC will have substantially mitigated the financial (balance sheet and P&L) issues related to the system build-out. Second, a major third-party will have opined favorably on the system economics. Third, and probably most important to QC's near-term stock performance, the infrastructure order should be large enough to drive the division to break-even (or even profitability). This improvement will have a pronounced impact on overall manufacturing margins and should give the Street substantial comfort with regard near-term earnings prospects. This is a big deal guys and I think we are very close. Best Regards, Gregg