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

To: Gene S who wrote (29639)	5/10/1999 10:51:00 AM
From: Boplicity	Respond to of 152472

Las Vegas, May 10 (Bloomberg) -- Lucent Technologies Inc., the world's largest telephone-equipment maker, has developed semiconductor technology that it says will cut the cost of expensive phones that use the Internet to route calls. Lucent plans to unveil the new technology at a computer networking trade show in Las Vegas today. Making phone calls over the Internet is much less expensive than using the traditional phone system. Phones that can turn voice into packets of data for transmission on the Internet are expensive, though, costing around $250 each. Lucent said its new chips will cut component costs for the phones by 30 percent. ''Voice is really hard'' to turn into bits of information that can be sent over the Internet, said Hilary Mine, an analyst at Probe Research Inc., a Cedar Knolls, New Jersey, consulting firm. But ''voice is what Lucent does well.'' Lucent said it hasn't lined up a customer for the new technology, which will be available in the fourth quarter. At first, it will require the use of two semiconductors. Eventually, Lucent says it will reduce the number to one, down from five in most Internet phones available today. In general, the fewer chips in an electronic device, the cheaper it is. That's been especially true in cellular phones. ''Packing more functions on a single semiconductor chip has been pivotal to decreasing costs'' of cellular phones, John Dickson, president of Lucent Technologies Microelectronics Group, said in a statement. ''Now, we're applying our system-on-a-chip expertise to ignite the Internet telephone market.'' Though so-called Internet telephony is in its infancy, many industry leaders expect it to become popular as the technology improves. John Chambers, chief executive at No. 1 computer- networking company Cisco Systems Inc., says that long-distance phone calls carried over the Internet will be free one day. The Internet works by breaking information into digital packets and sending them over the phones lines to their destination, where they are reassembled. Splitting voice up into such packets and reassembling them into coherent sounds is difficult and the quality is often poor. May/10/1999 0:01 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P.

To: Gene S who wrote (29639)	5/10/1999 10:57:00 AM
From: Valueman	Read Replies (4) \| Respond to of 152472

Gene: The bottom line is that QCOM does well with or without China. Speaking of Asia, anyone note the subscriber growth in the CDMA networks in Japan? Instead of the projected 3 million subs by year end, word is that 5 million is more likely.

To: Gene S who wrote (29639)	5/10/1999 11:12:00 AM
From: LindyBill	Read Replies (1) \| Respond to of 152472

As I said over the weekend, if I had been a day trader, I would have gone short. Shows how much I know about day trading, since the stock is going up prior to the split. If you were in for long term, you should have stayed, I think. The "Thunder out of China", is going to be a reoccurring problem, IMO. The Chinese will try to use Q, as well as other venders, to manipulate the USA Foreign policy. This stock is going to be volatile! Cisco is the same way. I went though a 40% drop with it last year.