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

To: Gregg Powers who wrote (20029)	12/18/1998 2:45:00 PM
From: bananawind	Respond to of 152472

Gregg, Have you found a copy of the actual release somewhere online? (ie. not the Bloomberg distilled version). By the way, agree with your reading based on what we have seen so far. Regards, Jim

To: Gregg Powers who wrote (20029)	12/18/1998 2:57:00 PM
From: bdog	Read Replies (1) \| Respond to of 152472

Great. But isn't that just more incentive for a hostile takeover. Ericcson: "We can no longer stand by and allow one greedy, uncooperative company to be the spoiler. The world needs a single standard and we're going to hold our nose and swallow this bad apple to make it so." APPLAUSE

To: Gregg Powers who wrote (20029)	12/18/1998 3:33:00 PM
From: SKIP PAUL	Read Replies (1) \| Respond to of 152472

Gregg You are absolutely right!! To rephrase the news release it seems to say that -NTT, Brit Tel, france Tel etc have agreed to adopt CDMA 2000 and drop W CDMA.

To: Gregg Powers who wrote (20029)	12/18/1998 4:14:00 PM
From: JGoren	Read Replies (1) \| Respond to of 152472

We haven't seen the actual release, Gregg. If someone has the actual release and not some report quoting part of it, please post on the board or post a link. Gregg, the point you make is extremely important. The way I read the Bloomberg report was that the group wants to come up with its own standard, suggestions for 3G. Frankly, as long as there is enough cdma operators in the group to get their side across and as long as they will listen to what Qualcomm has to say, that's a plus for Qualcomm. The carriers will determine their needs are and what they are willing to pay for rather than being dictated to by the manufacturers based on what is good for them. That is, after all, the "market." And, we have always been willing to let the market determine because we are convinced that a cdma2000, IS-95 3G standard will be the lowest cost with the greatest capacity and efficiency. Furthermore, if I were a carrier, regardless of the huge capital investment already made, I would want the greatest choice for the future. If I can get a 3G that allows me to choose from GSM, TDMA or cdma, even if I stick with a GSM based system, I have the greatest negotiating leverage on Ericy as far as price, etc. I have a larger number of suppliers for 3G (if there is convergence) and a larger number of choices and suppliers for upgrading my existing system. If there is one 3G standard, the carriers benefit on both ends--no matter whether they continue with their present platform or switch platforms as they go 3G or upgrade. In effect, the carriers are saying: We want input NOW, not being dictated to by manufacturers who are looking at their interests rather than ours. This makes perfect sense since DoCoMo basically lost trust in Ericy for mileading it. The market price decline is astounding. The statement (as reported) was, in no way, bad for Qualcomm.