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

To: JGoren who wrote (15755)	9/29/1998 11:45:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

JGoren & All, What do you make of this fro yahoo thread, Finance Home - Yahoo! Message Boards Help - Edit Public Profile - Personalize - Sign Out Top:Business and Finance:Stocks:Technology:Communications Equipment:QCOM (QUALCOMM, Inc.) <- Previous Next -> Message 8388 of 8391 Reply Sony mulls data telecom venture with Toyota, IIJ stockbagger Sep 29 1998 10:45PM EDT Hmmm, very interesting! Sony, a long time ally and partner of the Q, and Toyota with extremely deep pockets. Toyota has been looking for ways to invest its free cash flow for some time now. Note the strategy will be to compete much cheaper than NTTDocomo. I would bet almost for certain they will building CDMA2000. This is great!! Take it in the shorts NTT!! post.messages.yahoo.com 2&msgid=648cok$evb$648@m1.yahoo.com&mf=7 delayed 20 mins - disclaimer Tuesday September 29, 9:54 pm Eastern Time Sony mulls data telecom venture with Toyota, IIJ TOKYO, Sept 30 (Reuters) - Sony Corp said on Wednesday it was considering entering the data communication service business in Japan by forming a venture with Toyota Motor Corp and Internet Initiative Japan Inc (IIJ), a major Internet service provider. Sony, an audio and video equipment giant, Toyota, Japan's top carmaker, and IIJ reached a basic agreement to form a joint preparatory company in the near future for data communications services, a Sony spokesman said. The preparatory company, to be capitalised at 100 million yen, will be owned 40 percent by IIJ and 30 percent each by Sony and Toyota, the spokesman said. They aim to apply for permission from the Ministry of Posts & Telecommunications as early as November to start low-cost data communications services for corporate clients, he said. Financial daily Nihon Keizai Shimbun reported on Wednesday that the joint venture's capital would be raised to about 10 billion yen by the time it began operations in April 2000. The newspaper said the venture would offer services in Japan with charges set at about one-third of those of Nippon Telegraph and Telephone Corp . The spokesman said the companies had only reached basic agreement on the 100 million yen preparatory venture, but that if the full venture was set up, it would aim to undercut NTT. View Replies to this Message QCOM: Quote \| Profile \| Research \| Insider This Is a Reply to: Msg 1 by YahooFinance <- Previous Next -> Message 8388 of 8391 Reply Stock Price Alerts. Buddy Lists. Instant Messages. Get It Here! Create your own club at Yahoo! Clubs Go to: Start \| Most Recent \| Message List \| Msg #: All Boards Only in this Board All Boards & Topics Authors Terms and Conditions Yahoo! is a trademark of Yahoo! Inc. Copyright © 1994-98 Yahoo! All Rights Reserved.