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

To: Valueman who wrote (24663)	3/22/1999 4:54:00 PM
From: Sawtooth	Respond to of 152472

<<...the CSCO deal was a new one on me. I'd rather it be that an imminent settlement deal(by the way, where is our Monday ERICY infrastructure buyout?) was driving the price, but I will certainly not complain either way...>> Agreed; unless the Csco rumor is a blow off. In which case the price of the stock would...well, you know... . ...Tim

To: Valueman who wrote (24663)	3/22/1999 5:04:00 PM
From: Boplicity	Read Replies (4) \| Respond to of 152472

Valueman, I have held CSCO for years, CSCO buying QCOM doesn't make sense unless the see wireless internet going with routers then to land base trunk lines, I don't know, I'm scratching my head about it. Too strange, QCOM is just not a network kind of company.. Greg

To: Valueman who wrote (24663)	3/22/1999 5:41:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

//...by the way, where is our Monday ERICY infrastructure buyout?// Q! has insisted any deal would be comprehensive which means that until Ericy understands the chip rate they need to use along with agreeing everything else, there is no deal. Ericy obviously thinks there is mileage [to coin a phrase] in delaying things longer. Perhaps so they can get China over a barrel with increased sales of GSM. China is in a quandary. They want to avoid high royalties on cdmaOne and cdma2000 so are supporting the 'everyone in the world versus Qualcomm' arrangements, but every day that goes by they have to buy more GSM junk which they'll have to replace, and pay a lot of money for the privilege because CDMA in whatever flavour will be a lot cheaper than GSM, even with the 20% 3G royalties which Q! should be charging for such amazing technology. There must be a lot of pressure in a lot of 'high offices' in a lot of countries over the 3G discussions. Mqurice @986 PS: I bet Gregg has happier clients these days!

To: Valueman who wrote (24663)	3/22/1999 7:01:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Re : Why would CSCO have any interest in QCOM ? From a purely "Corporation Finance 101" perspective -- CSCO has a sky high stock price which may be unsustainable in the long run without the acquisition (at a relatively low price) of companies that (versus their share price) either earn a lot of money or are expected to soon. When a company like CSCO goes after something like Iowa Beef Packing (an Occidental Petroleum acquisition a while back), it would be too weird. But, since Qualcomm is high tech, it could probably be "explained away" to doubting Wall Street "analysts." Jon.