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

To: DaveMG who wrote (27118)	4/15/1999 11:22:00 AM
From: Mika Kukkanen	Respond to of 152472

DaveMG: It is not speculation...read on... The ITU meeting in Brazil did a nice face saving technique by using a nice ambiguous phrase. They stated one standard with three different modes. READ: Three different technologies! The ITU always comes up with a compromise. take a look at ISDN and video conferencing. So I would like to know what the plausible reality is? As most on the industry know, there will not be a converged standard...it is not realistic nor is it technically -coupled with willingness- feasible. As stated before, Qcom needed to off-load the loss making infra division, I see that as the reason for the massive increase stock ( with the help of all the uninformed on Wall Street, my usual dig)...it has nothing to do with that Qcom "Won". If it is, some are in for a bit of a shock! (Bit like that the infra div was bought for around 120Million, came as a shock to many here I bet...I had already posted it was likely to be under 200 million) What have I said about royalties or patents? I did say that Ericsson were in a far stronger position than given credit by this thread. I did NOT say "Qcom didn't have a royalty deal"!! I will however speculate that the royalty stream from Ericsson will not be as large as anticipated here due to Ericsson's own patent strength (we really will have to wait for that one). As for CDMA being better than GSM, I will not argue. It's just came too late, which has been the crux of the argument from GSM supporters worldwide. GSM will always be bigger than IS-95 in the mobile market place. Well, I'm sure you made more money on this stock in the last 2 months than I will do all year. Sounds like sour grapes, doesn't it? Not really ;-) Mika

To: DaveMG who wrote (27118)	4/15/1999 11:24:00 AM
From: Clarksterh	Read Replies (3) \| Respond to of 152472

Dave That is pure speculation on your part and flies in the face of any plausible reality. [that no change in 3g standards occurred as part of the Ericsson/Qualcomm deal.] Actually it is not. Qualcomm said very explicitly that any harmonization between the 'modes' is now in the hands of the operators. Mika didn't claim that Qualcomm got nothing, just that they didn't get one of the things that they were originally after - the 3.68 chip rate etc. Clark PS Just as an aside, some people appear to be surprised at the cash gotten from Ericsson (assuming the latest figure is correct), but if Qualcomm did indeed keep the high royalty rates then the cash, even had it been $1B, is almost immaterial. Someone on this thread mentioned that Samsung is planning on selling 20 million phones next year - at $200 per phone that is $8B and royalties are $320M before taxes and attributable operating expenses (if you assume 4% royalties, which is probably conservative.). That is from one licensee alone, albeit probably the biggest individual supplier of CDMAOne handsets.

To: DaveMG who wrote (27118)	4/15/1999 11:34:00 AM
From: limtex	Read Replies (2) \| Respond to of 152472

DMG - What a difference a day makes, 24 little hours, What a difference a day makes........ Its not QCOM its the market. We are having a correction. NAZ is going to drop an averge of 2%/2.5% per week relentlessly till three weeks or so before the next earnings season say mid June. Between now and then a drop of 20% or so to worst way around 1800 and then up a little perhaps. The market giveth and the market taketh away, still isn't it better than still being stuck around $50. Phew. Best regards, L