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

To: Alex S who wrote (12372)	7/15/1998 12:34:00 AM
From: Gregg Powers	Respond to of 152472

Alex: LG is a cdmaOne licensee, QC ASIC customer and infrastructure/handset vendor. South Korea's sole digital standard is cdmaOne. To the extent that LG's prosperity reflect's digital handset sales in its home market, this would be cdmaOne product. Best Regards, Gregg

To: Alex S who wrote (12372)	7/15/1998 12:36:00 AM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Alex - and ... welcome to the "thread." Jon.

To: Alex S who wrote (12372)	7/15/1998 1:41:00 AM
From: Maurice Winn	Respond to of 152472

Thanks for that Alex [where are you from?] "...Profit before auditing was 43.0 billion won ($33.3 million) up from 37.2 billion in the first half of last year, said Kim Sang Kyu, an LG financial official. Earnings per share totaled 4,778 won, up from 4,174 won a year earlier, ''Our earnings were boosted by the growing mobile phone market and our efforts to improve our financial health,'' Lee said. First-half sales jumped 98 percent from a year earlier to 1.18 trillion won. Recurring profit rose 20 percent to 51.5 billion won. The company's debt-to-equity ratio fell to 245 percent from 335 percent at the end of last year, after it reduced borrowing to 686.2 billion won from 933.9 billion won last year." See, "told you so" Ramsey, as they say. Koreans and Japanese keep right on buying mobile phones. They cancel their overseas trips, get back to work, keep buying rice and keep buying cellphones [and cigarettes and booze - the important things in life don't get thrown aside]. And of course those figures will be entering the good side of Qualcomm's profit and loss pages. And when, very soon, analysts, Wall Street commentators and other investors get wind of the fact that a property crash is not a cellphone crash, there will be a stampede. Not to GSM companies, because GSM didn't just launch in Japan and is being replaced in Australia, but to cdmaOne companies. And guess which is the pure play, to coin a phrase, in the cdmaOne industry. Yes, good guess. Our very own Mighty Q! Life's a giggle. Mqurice