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

To: Jeff Vayda who wrote (26853)	4/13/1999 8:46:00 AM
From: Uncle Frank	Respond to of 152472

>>Shosteck said the validity of the business case for the technology hasn't been demonstrated from a short-term perspective. Mr. Shosteck's lack of vision is amusing. He probably came out against developing a personal computer back in the 70s. Since when do we set industry standards based on "short-term perspective"? Frank

To: Jeff Vayda who wrote (26853)	4/13/1999 8:52:00 AM
From: Jon Koplik	Respond to of 152472

Re : Not everyone agrees that the March 25 agreement between Ericsson and Qualcomm was good for the wireless industry ... Herschel Shosteck Associates holds a more jaundiced view. I still think that Shosteck Assoc. is secretly a division of "Tero, DeBry, <that Stanford professor of electrical engineering>, & Shosteck" (!) Jon.

To: Jeff Vayda who wrote (26853)	4/13/1999 8:57:00 AM
From: Boplicity	Respond to of 152472

Ericsson Buys Two U.S. Internet Firms for $496M Reuters STOCKHOLM (April 13) - Swedish telecoms equipment maker Ericsson said on Tuesday it had bought U.S. Internet router Torrent Networking Technologies Corp. for $450 million in cash as part of its strategy to move into the next generation of Internet carriers. Ericsson said it had also acquired Touchwave Inc., Silicon Valley-based provider of business IP (Internet Protocol) telephony solutions for $46 million in cash. "The acquisition moves Ericsson squarely into the IP playing field and will have a substantial impact on our ability to provide a complete data networking solution," Ericsson Chief Executive Sven-Christer Nilsson said in a statement. "This is in line with our strategy to offer fully integrated capabilities for converged wireless and wireline voice and data networks." Ericsson is betting that the explosive growth in Internet and wireless subscribers will lead to future growth in Internet IP products, also known as Internet-related network solutions, which were linked to mobile technology. Maryland, U.S.-based Torrent Networking Technologies is a leading innovator of Internet-class routing solutions for operators and service provider networks, Ericsson said. Ericsson's planned to use TouchWave's technology and expertise to accelerate and enhance existing developments in IP telephony to create a new product line of all-in-one network products supporting voice, data and video services. Ericsson shares were up 6.5 crowns at 214 at 1045 GMT in a slightly positive market.