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


To: bdog who wrote (27452)4/19/1999 1:52:00 PM
From: marginmike  Read Replies (4) | Respond to of 152472
 
A 70Pe and a 40PE for next year is historicly very expencive. I would also argue that its value is only realative to its peers in the market and to valuations of other tech's. If the whole market reavaluates earnings and readjusts the market, Qcom would be worth 30-40Pe at best



To: bdog who wrote (27452)4/19/1999 2:28:00 PM
From: Ruffian  Respond to of 152472
 
Carriers To Meet-Japan 3G>

April 19, 1999

Carriers to meet on 3G in Tokyo

By Lynnette Luna

The world's carriers are set to meet in Tokyo this week for another round
of discussions on converging Code Division Multiple Access-based
third-generation technology.

The International Telecommunication Union adopted a framework in March
resulting in a single flexible standard with a choice of multiple access
methods including CDMA, Time Division Multiple Access and TD/CDMA
technologies. The CDMA standard encompasses three optional modes:
direct sequence frequency division duplex; multi-carrier frequency division
duplex; and multi-carrier FDD and TDD.

The ITU is counting on carriers to harmonize the CDMA standards even
further by reaching a consensus on the chip rate and other key technical
issues. Carriers today still remain at a standstill over the chip rate, with
European and North American GSM operators unwilling to move the chip
rate below 3.84 Megachips per second, while CDMA operators say they
need a rate of 3.68 Mcps to keep their networks backward compatible.

L.M. Ericsson and Qualcomm Inc. recently ended their disputes over
patents to 3G technology, paving the way for carriers to work to harmonize
3G technology without running into intellectual-property-right hurdles.

Sources in Japan indicate that if carriers cannot agree on a common chip
rate, Japan's standards-setting process could become further delayed. This
would be detrimental to Japanese operator NTT DoCoMo, which plans to
become the first mobile phone operator to deploy W-CDMA technology in
2001. CDMA operators ‘‘DDI and IDO and manufacturers expect the
[Japanese telecommunications ministry] to exercise its influence and push
one common chip rate,'' said one source. ‘‘But the ministry looks so far
reluctant to be involved. They are saying the industry should decide for
itself.''