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


To: Sawtooth who wrote (24447)3/19/1999 2:07:00 PM
From: Boplicity  Respond to of 152472
 
FCC Action Could Help High-Speed Internet

By JEANNINE AVERSA
.c The Associated Press

WASHINGTON (March 19) -- Companies that provide high-speed Internet and data services would be helped by action Thursday by federal regulators.

The Federal Communications Commission agreed to tighten rules making it easier for companies to install equipment at major local phone companies' central offices to provide high-speed services.

The revised rules should take effect in one or two months.

The order would help companies, including Covad Communications and NorthPoint Communications, which provide connections letting businesses access information from computers at speeds considerably faster than regular phone lines. It also would help other companies that want to provide just local phone service.

The FCC's order is designed to make it cheaper and faster for companies that compete or want to compete against the nation's five Bell companies, GTE and other major local phone providers to put equipment inside the major companies' offices in order to provide competing services.

The companies need to do that to provide their own competing phone, data or Internet access services.

FCC Chairman Bill Kennard said the order should spur more competition for all these services.

The order, among other things, lets the competing companies install a wider range of equipment than previously allowed in those offices.

The order also gives the competing companies, for the first time, the option of being able to rent a tiny amount of space, rather than being forced to rent a 10-foot by 10-foot fenced enclosure, which can be expensive.

Also, it lets competing companies that have been denied space to inspect the major companies' offices for verification.

Covad said the FCC's order could help the company provide services to more areas by ''reducing some of the bureaucracy and cost'' of installing equipment.

BellSouth does not believe the revised rules are necessary, saying it already offers rivals some of the options. Bell Atlantic said it needs to study the details of the FCC's order before taking a position on the rules.

Separately, the FCC proposed licensing rules for companies that want to provide telephone and data services by satellite.

The FCC said it has enough airwaves space to accommodate all nine companies -- including Iridium, Globalstar---(QCOM) and Boeing -- that have expressed interest in getting a license.

The FCC also said it would look into whether licensed companies should have to provide 911 service that lets emergency dispatchers know the location of callers.

The FCC hopes to have a final licensing plan by the fall or winter and would start licensing companies shortly after that.



To: Sawtooth who wrote (24447)3/19/1999 2:08:00 PM
From: Robert  Read Replies (2) | Respond to of 152472
 
NASDAQ - 23.59
QCOM + 2 13/16

Could it be?
Wait my dream is coming back to me. Its Monday morning and
I'm looking at a press release. It reads "Ericsson to buy
Qualcomm's Infrastructure Division".

Of course its only a dream right.

Robert.



To: Sawtooth who wrote (24447)3/19/1999 2:54:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
To all - as I think I have said here before -- if and when a critical mass of the investing world figures out that QCOM is priced at a level at or below the S&P 500 (on a price to sales ratio basis), AND has perhaps the best or near best business prospects of any (publicly traded) corporation in the U.S. ...

Who the #@*& is going to selling it short as the torrent of buyers flows in ?

Jon.