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


To: Daniel Joo who wrote (22794)2/9/1999 11:34:00 PM
From: Ruffian  Respond to of 152472
 
Money Flow Positive "AGAIN" <eom>

trading-ideas.com



To: Daniel Joo who wrote (22794)2/10/1999 12:28:00 AM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Sprint Kickin Butt>
Subscriber base booms for Sprint PCS wireless
The Las Vegas Review-Journal

Review-Journal

Fast-growing Sprint PCS, which entered the Las
Vegas market last fall, boosted its subscriber
base by nearly 50 percent in the fourth quarter,
the Kansas City, Mo.-based company reports.

Sprint PCS added an industry-record 836,000 subscribers in the last three
months of 1998, bringing its customer base to nearly 2.6 million, according
to [ Sprint Corp. ] 's quarterly report filed this week. For all of 1998, Sprint
PCS expanded into 91 markets for a total of 225 service areas that are
home to 150 million people.

Rival [ AT&T ] added 445,000 subscribers in the fourth quarter.

John Bischoff, a Sprint PCS area vice president who oversees the Las
Vegas and San Diego offices, said a strong reception in Southern Nevada
helped his company's numbers.

"Here in Las Vegas, we have experienced great success since our October
1998 launch," he said.

As a matter of policy, Sprint PCS declines to give subscriber figures for
specific markets.

For the quarter, the loss before a one-time charge at Sprint PCS widened to
$603.1 million, or $1.43 per share, from $465.5 million, or $1.12 per share,
in the year-earlier period. Sprint PCS was expected to lose $1.62 per
share, the average estimate of six analysts surveyed by First Call Corp.
Estimates of the loss ranged from $1.37 to $2.01 per share.

The company, which began trading as a separate tracking stock from Sprint
Corp. in November, is rapidly adding customers as it turns on its nationwide
network in more cities.

Revenue in the quarter tripled to $437.4 million from $147.5 million.

Bloomberg News contributed to this report.



To: Daniel Joo who wrote (22794)2/10/1999 12:39:00 AM
From: Ruffian  Respond to of 152472
 
I Think Q Will Get The Contract>

AirTouch, CellStar complete pact

Reuters Story - February 09, 1999 12:01

NEW ORLEANS, Feb 9 (Reuters) - Wireless phone giant AirTouch Communications Inc. said Tuesday it completed an agreement for CellStar Corp to distribute
wireless handsets, fixed terminals, and other equipment.

Terms of the deal were not disclosed in the companies' statement.

The pact, between Airtouch unit AirTouch Satellite Services Inc. and Cellstar, a wireless distributor, will bring AirTouch customers wireless service over Globalstar
satellites.

Under the deal, CellStar will also provide AirTouch with services, including procurement, fulfillment, and packaging.

The Globalstar system will provide voice, fax, and data service via a small hand-held phone. The phones will operate in traditional cellular modes, or satellite mode
when beyond cellular coverage. Globalstar is scheduled to launch commercial service in late 1999.

Globalstar, led by Loral Space & Communications , is a partnership of the world's leading telecommunications service providers and equipment manufacturers,
including Qualcomm Inc. , and French communications company Alcatel , among others.

Copyri



To: Daniel Joo who wrote (22794)2/10/1999 2:35:00 AM
From: Michael  Respond to of 152472
 
interactive.wsj.com

Bulls Say Qualcomm Is Poised for More Gains

By Carolyn Whelan

Since its inception, San Diego-based Qualcomm has been a trailblazing technology company, paving the way with CDMA (Code Division Multiple Access), the dominant wireless standard in the U.S. Market leaders like Motorola, Lucent Technologies and Northern Telecom all have used Qualcomm's technology in their wireless systems. Qualcomm's stock price reflected its leadership role: It hit a peak near 70 in late 1997.


Last year was another story as investors simmered over Qualcomm's flat earnings and its unprofitable wireless infrastructure-equipment business. Qualcomm also faced new challenges from GSM (Global Standard for Mobile), the predominant standard in Europe, as some world bodies threatened to eliminate CDMA from a global standard for wireless data transmission. Also, Swedish telecom-equipment giant L.M. Ericsson has filed a patent-infringement lawsuit, saying Qualcomm was using its CDMA technology.

The upshot: Qualcomm's stock tanked in 1998, as the shares lost nearly half their value, reaching a 52-week low of 37 3/4 last October.

But now Qualcomm's hot again. Last Wednesday the company announced layoffs of 700 people, mostly in its manufacturing unit. That move and more optimism about the dispute with Ericsson are luring investors back to the stock. Last week, Michael Ching, an analyst with Merrill Lynch, raised his earnings estimates and boosted his rating on the shares to Accumulate from Neutral. "The layoffs were a message that the company is focused on profitability," he tells Barron's Online.

........



To: Daniel Joo who wrote (22794)2/10/1999 8:38:00 AM
From: Sawtooth  Respond to of 152472
 
Daniel: Speaking of valuation perspectives, check this out:

stockselector.com