To: EepOpp who wrote (25300 ) 3/27/1999 5:39:00 AM From: brian h Read Replies (2) | Respond to of 152472
Will and thread, Will, you are still hanging around Q? Good for you. Just hold on to it. More up side to come. Maurice, you were fine with Q* at $80. You must be over-excited by now. Seriously thread, Q is in every bit of a winning situation even if the Chinese select other country's manufacturers to install CDMA networks the Chinese really really want (Bux, are you sure the Chinese really really want CDMA network?). Though not good for you LU or MOT shareholders if the Chinese go to other countries for CDMA network. If goes to Korea, all infra's ASICs are from Q. If goes to Nortel, 25% of infra. contract will go to Q. If goes to ERICY, all techs help + ASICs + softwares all go to Q. In fact, it is better that the contracts do not go to US companies now. MOT will use its own ASICs. LU may also be able to do so. Anyway Q is in a driver seat no matter which way the Chinese play out. US politicians. Go ahead blow Mr. Zhu off. Let the Chinese retaliate. QCOM will probably benefit ever more when the Chinese really really want CDMA networks. Smart Dr. J and teams!!!!!!!!! A news from MOT, Schaumburg, Illinois, March 26 (Bloomberg) -- Shares of Motorola Inc., the No. 2 cellular-phone maker, rose 3.4 percent on optimism that settlement of technology dispute between Qualcomm Inc. and Ericsson AB will boost sales in Motorola's cellular-equipment business, especially in China..................................... Ericsson yesterday agreed to back Qualcomm's technology for digital phone systems, which already is used in Motorola equipment. Analysts expect the added support from Ericsson, the world's No. 3 cell-phone maker, to influence China's regulators to open their market to the standard, known as code-division multiple access, or CDMA. ''If China goes CDMA, that's great news for Motorola,'' said Gregory Geiling, an analyst at J.P. Morgan Securities Inc., who rates Motorola ''buy.'' CDMA is one of several standards for digital cellular networks. It provides more capacity than competing technology and is considered more efficient for data services. Qualcomm Chief Executive Irwin Jacobs said he expects the Chinese government to authorize installing CDMA networks in more cities. The technology is currently being tested in four Chinese markets. ''We're seeing a number of very positive indications, all of which indicate the broadening of CDMA usage in China beyond the four test cities,'' he said on a conference call with analysts and investors. Advantage The news follows several months of improving results at Schaumburg, Illinois-based Motorola. Yesterday afternoon, in a conference call with Salomon Smith Barney Inc. clients, Motorola President and Chief Operating Officer Robert Growney said the company is close to winning network-equipment contracts in the U.S., Brazil and China, Salomon analyst Alex Cena wrote in a research report. Growney also said Motorola is winning back market share for cellular phones and suggested the company's semiconductor business may turn profitable even sooner than midyear, ahead of schedule, the report said. If China is opened to more CDMA operators, analysts expect Motorola to have an advantage over rivals because it already makes both CDMA network equipment and phones. Ericsson and Nokia Oyj, the world's largest maker of cellular phones, are just starting to develop CDMA products. As part of yesterday's agreement, Ericsson is buying Qualcomm's unit that makes equipment for cellular networks. More importantly, the two companies agreed to jointly support a single CDMA standard for new networks that will let cellular users send and receive e-mail, hold videoconferences and browse the Internet. ''A lot of people think Ericsson bought Qualcomm's infrastructure business because they expect China to go CDMA,'' analyst Geiling said. Best, Brian H.