Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: gdichaz who wrote (21433)	1/16/1999 11:21:00 AM
From: CDMQ	Respond to of 152472

I'm feeling better now. The Brazilian contract is substantial and will help bail the bottom line. This is clearly where the rumor came from concerning Siemens and the Q. The reference in the last conference call that management was "evaluating the infrastructure business" was a little cryptic to say the least? Off to Tennis!

To: gdichaz who wrote (21433)	1/16/1999 11:31:00 AM
From: Greg B.	Respond to of 152472

Chaz, You must be referring to Nortel's contract with Sprint PCS. Here is some info from an old 10K: In 1994, the Company announced the formation of a strategic alliance with Nortel to integrate the BTS and BSC technology of QUALCOMM with the wireless products of Nortel. Pursuant to the agreement, Nortel has access to the Company's product designs for digital cellular, PCS and WLL infrastructure products and in return purchases from QUALCOMM a minimum percentage of Nortel's CDMA infrastructure equipment requirements for resale to its customers. QUALCOMM and Nortel will also provide turnkey installation of CDMA networks, including network coverage and planning services, cell site commissioning, back-haul equipment installation, customer training and support. In February 1996, the Company announced its agreement to supply Nortel with approximately $200 million of PCS infrastructure equipment and RF services as part of Nortel's estimated $1 billion equipment supply agreement with Sprint Spectrum.