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


To: Keith Feral who wrote (21291)1/14/1999 10:48:00 AM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Q & Brazil>
Qualcomm makes bid in Brazil | Consortium seeks partial
takeover of phone network
The San Diego Union-Tribune

San Diego-based Qualcomm has joined a
consortium poised to take over one-third of
Brazil's fixed-line phone network.

Qualcomm, with [ Bell ] Canada and Brazil's Vicunha industrial group, has
been approved to bid for a license to compete with Telenorte Leste
Participacoes SA, Brazil's largest phone company, in Rio de Janeiro and a
large swath of coastal territory.

Bids will be opened Friday. Qualcomm, which twice has been denied
cellular licenses in that country, is almost sure to get the deal this time,
observers say.

"It's not a done deal," said Ricardo Tavares, a San Diego-based research
fellow on Brazilian telecommunications for the Institute of the Americas. "But
they have a 95 percent probability of getting it." Qualcomm's consortium
would be competing against Telerj, an unpopular existing Brazilian carrier,
which enhances Qualcomm's chances.

"There are Web sites saying 'I hate Telerj,' " Tavares said.

The deal is novel for Qualcomm in that the company would be offering basic
phone service through what is called a wireless loop system, Tavares said.
Qualcomm is known for its digital cellular phone service. Qualcomm officials
were not available for comment.

Since 1997, Brazil has moved aggressively to dismantle its former state
phone monopoly, Telebras. The country has been carved into three large
coverage areas, where the government is helping establish duopolies, with
the goal of nurturing unfettered phone competition by 2002. In November,
Qualcomm signed a deal to sell its wireless phones in Brazil's heavily
populated Sao Paulo state. That agreement, with the public utility that is
Brazil's largest telecommunications company, could be worth up to $35
million, the company said.

The wireless phones, which operate using both digital and analog cellular
systems, will be supplied by Qualcomm's Brazilian subsidiary.

(Copyright 1999)



To: Keith Feral who wrote (21291)1/14/1999 12:16:00 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
There are sighns that there is life in mainstream press!
biz.yahoo.com*http://cbs.marketwatch.com/archive/19990114/news/current/moses.htx?source=blq/yhoo&dist=yhoo



To: Keith Feral who wrote (21291)1/14/1999 10:50:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
Re : QCOM just got plugged with the networking stocks on CNBC.

Actually, CNBC also did this again a few hours later too.

Both times, I thought it was sort of a little bit "off topic" (to use one of our favorite lines).

So, I am seriously wondering if "those (purported) people in control of things" (the Trilateral Commission ? Bill Gates ? Maurice ?) have decided that it is time to start "cramming" Qualcomm down everyone's throat (the way Coca Cola and the Disney Corporation are thrust at us all of the time).

Saturation public awareness is clearly worth a couple of points on a company's price to sales ratio on their stock. Maybe today's mentions on CNBC were the beginning of ...

Jon.