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

To: Maurice Winn who wrote (14284)	8/30/1998 2:21:00 PM
From: JScurci	Respond to of 152472

The BusinessWeek article is yet another of many recent deliberate well orchestrated barbs thrown Qualcomm's way. Even to the uninitiated the bias of its authors is rather obvious. The authors describe QC as "struggling" while in the same breath describing how revenues will this year come in more than ten-fold higher than levels only four years ago. Some struggle - give me a break. As for 3G going CDMA - how is this supposed to be a "bittersweet" victory for QC? It is a monumental victory for Qualcomm, afterall, the Europeans told us for years CDMA would nerver work and if it did no one would ever use it. Now the Europeans themselves are in the desparate bind of witnessing their beloved GSM be assigned a slot in the technologic dust bin while they scramble to transition to a technology they've never used,never controlled, and never owned. Hence The unrelenting PR war designed now to bludgeon QC's stock price and in my opinion present QC's management with an ultimatum : License we Europeans your technology on our terms or continue to refuse and we may buy you out! The European minions like Marc Cabi and his ilk at BusinessWeek haven't even had to try that hard since the market has been making their job that much easier. The authors of this latest article continue to insist that the Europeans are calling the shots. Explain then why this struggling upstart from SAn Diego even gets a place in the debate. Why don't they ( the Swedes)just start selling the world whatever they want to sell? If Ford came up with a technologically superior automobile you mean to tell me it would have to wait for GM's approval to start selling it? The authors finally go on to suggest that the Europeans can simply force access to Qualcomm's patents. By what means? Would it be by some kind of "Force Majeur" or perhaps by an "Act of God"? Name one instance where a rightful owner of intellectual property has been stripped away of his asset in the name of a regional or nationalistic self interest. Even in the name of relieving human suffering drug companies have not been stripped of their patent rights even though doing so might arguably save human lives. Such is the desparate logic of the increasingly desparate Europeans. I applaud Dr. Jacobs and his team for standing up against these sorts of tactics. The Europeans deserve no wiggle room. Its time to put up or shut up. regards' John