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

To: Clarksterh who wrote (24957)	3/25/1999 10:28:00 AM
From: Jeff Vayda	Respond to of 152472

Clark: I have to agree, the complete sell out of the infrastructure business is a worry for me. Until I see the entire agreement I will withhold final judgement. Jacobs may be very smart, or he may be ready to retire. I did not read the press release as positive to Q as much as it was positive for Eric. My take was Eric was on the ropes, business declines, restructuring, announced layoffs, market share losses, cool response to next set of products, 3G unable to freeze out CDMA, Stock weak for quite some time and falling still, not to mention the psychological impact to the Finns as a whole - all negative. Then they pop in and go to the front of the line with CDMA infrastructure steal! All I can say is they had better be giving Qualcomm a double digit portion of the GROSS from the infrastructure for 100 years. At least the pattern continues, Jacobs could care less about positive press. If there is no more to the deal than what is in the first press release, this is a travesty. I hope this does not confirm Jacobs et al as merely good engineers, Motorolla has shown us how far good engineers can take you in the business world. Jeff Vayda

To: Clarksterh who wrote (24957)	3/25/1999 11:15:00 AM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

<<Hardly. Ericsson is likely to make billions of dollars off of the infrastructure division and it appears that Qualcomm sold all interest in it - this is not pennies. Also, they lost much of their ability to innovate since they sold the R&D people as well.>> Shooting from the hip without knowing the details, first glance looks to me like this is an opportunity for both companies to focus on wht they do best: Q on asics and related licensing rev's, handsets and convergent devices; Ericy on infrastructure. Maybe Q could have turned the infra unit into a profitable operation; but no guarantees. Q can surf on Ericy's infra buildout and worldwide relationships; virtually minting money as the infra expands. A good deal is a good deal, even if a better deal could have been eventually reached. Regards.