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

To: Nancy Haft who wrote (25264)	3/26/1999 8:55:00 PM
From: JGoren	Respond to of 152472

I will try to answer your questions, but others may be able to do so in better detail: 1. Qualcomm is retaining all its IPR rights. WLL is terrestrial wireless, so the equipment manufacturing division goes to Ericy. Chipset ASIC's for WLL will stay with Qualcomm. 2. Will Ericy be able to retain the Qcom engineers it gets with the infrastructure division? Qcom management obviously would not, and would not be able, to express an opinion on whether the engineers will choose to remain with Ericy. I think you can only determine that in about a year or so. If Ericy handles things correctly, I would think the engineers would want to remain to see the fruition of years of their work, but in any buyout there is attrition. Even in the absence of a culture clash, one might expect that some employees will not like or fit with new management. One might also expect that MOT, LU and Nortel will make a concerted effort to attract Qcom engineers.