Message-ID: <156181.1075857102946.JavaMail.evans@thyme> Date: Mon, 11 Dec 2000 02:30:00 -0800 (PST) From: alerts@equityalert.com To: alewis@ect.enron.com Subject: Your News Alert for QCOM Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: "Equity Alert Center" X-To: "Andrew Lewis" X-cc: X-bcc: X-Folder: \Andrew_Lewis_Dec2000\Notes Folders\Discussion threads X-Origin: Lewis-A X-FileName: alewis.nsf =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D As requested, your News Alert for QCOM follows from EquityAlert.com. To edit/discontinue your alerts please refer to end of message. PLEASE REVIEW THE NOTICE AND DISCLAIMER BELOW =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D =3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D= -=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D =3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D=3D-=3D-=3D-=3D-=3D Paid Advertisement -=3D-= =3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D- =3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D= -=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D UNDERVALUED Mercantile Bank Corporation (NASDAQ: MBWM) is one of the nation=01,s fastest growing regional banking organizations. Despite unprecedented asset growth and earnings performance for a new banking organization, Mercantile is currently trading at less than book value and only 10.5 times street estimated 2000 earnings. Click here to learn more: http://205.210.134.51/a1.asp?ID=3D1251aa AOL USERS: copy & paste the link above into your browser. =3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D= -=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D =3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D= -=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D-=3D QUALCOMM Announces ICC Arbitration Decision Regarding Royalty Dispute with ETRI SAN DIEGO, Dec 11, 2000 (BUSINESS WIRE) -- QUALCOMM Incorporated (Nasdaq:QC= OM) today announced that the International Court of Arbitration (ICA) of the International Chamber of Commerce (ICC) has issued its decision and award arising from the arbitration between QUALCOMM and the Korean Electronics an= d Telecommunications Research Institute (ETRI). As a result of the award by the ICC, QUALCOMM will report, in its first fis= cal quarter of 2001 ending in December 2000, a one-time charge of approximately= =20 $80 million for additional royalties to be shared with ETRI as well as interest= =20 and other costs for the period from inception of the Joint Development Agreemen= t between the parties in 1992 to September 27, 2000. In addition, the ICA=20 ordered that QUALCOMM continue to share with ETRI a part of the royalties that=20 QUALCOMM receives only on sales of certain Code Division Multiple Access (CDMA)=20 equipment for use in Korea. The continuing payments ordered in the ICA decision are expected to have little impact, on the order of $4 million per quarter=20 depending on the sales of phones and infrastructure in Korea, on the revenues and=20 earnings of QUALCOMM in future quarters. "While we are disappointed by the ICA's decision, we continue to look forwa= rd=20 to receiving strong royalty revenues from sales of CDMA equipment in Korea," s= aid Louis M. Lupin, senior vice president and general counsel of QUALCOMM. "The ICA's decision does not in any way affect QUALCOMM's ability to collect royalties on CDMA, WCDMA or other CDMA-based standards, and has no impact o= n=20 the ability of QUALCOMM to collect royalties from sales of CDMA equipment in=20 Korea." The Company is evaluating its options with respect to the award. QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's business area= s include integrated CDMA chipsets and system software; technology licensing; Eudora(R) email software for Windows(R) and Macintosh(R) computing platform= s; digital cinema systems; and satellite-based systems including portions of t= he Globalstar(TM) system and wireless fleet management systems, OmniTRACS(R) a= nd OmniExpress(TM). QUALCOMM owns patents that are essential to all of the CDM= A wireless telecommunications standards that have been adopted or proposed fo= r adoption by standards-setting bodies worldwide. QUALCOMM has licensed its essential CDMA patent portfolio to more than 90 telecommunications equipmen= t manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2000 FORTUNE 500(R) company traded o= n=20 The Nasdaq Stock Market(R) under the ticker symbol QCOM. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and=20 uncertainties, including the Company's ability to successfully design and have manufacture= d significant quantities of CDMA components on a timely and profitable basis,= =20 the extent and speed to which CDMA is deployed, change in economic conditions o= f=20 the various markets the Company serves, as well as the other risks detailed fro= m time to time in the Company's SEC reports, including the report on Form 10-= K=20 for the year ended September 24, 2000, and most recent Form 10-Q. QUALCOMM, OmniTRACS and Eudora are registered trademarks and OmniExpress is= a trademark of QUALCOMM Incorporated. Globalstar is a trademark of Loral=20 QUALCOMM Satellite Services, Incorporated. Windows is a registered trademark of=20 Microsoft Corp. Macintosh is a registered trademark of Apple Computer Inc. All other trademarks are the property of their respective owners. CONTACT: QUALCOMM Incorporated Christine Trimble, Corporate Public Relations 858/651-3628, Fax 858/651-2590 ctrimble@qualcomm.com or Julie Cunningham, Investor Relations 858/658-4224, Fax 858/651-9303 jcunningham@qualcomm.com URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. -0- KEYWORD: afxap CALIFORNIA SOUTH KOREA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: HARDWARE NETWORKING SOFTWARE TELECOMMUNICATIONS ****************** TO EDIT YOUR EQUITY ALERTS ******************** To unsubscribe or edit your alerts, visit http://www.equityalert.com/alerts.asp?uid=3Dalewis34&xid=3D40352 ****************************************************************** ***IMPORTANT NOTICE AND DISCLAIMER REGARDING THIS COURTESY EMAIL** At your request, as a subscriber to our service, this email alert is being sent to you as a courtesy and is for information purposes only. We are a financial news re-distributor. We are not an investment advisory and do not purport to tell or suggest which companies you should monitor or which securities you should purchase or sell. In addition to the information regarding the company you are monitoring (the =01&Monitored Company=018), this email contains an advertisement describing a product, service or company for which we received a fee, at our normal advertising rates of $55 per 1,000 e- mails (subject to volume and other discounts), from the advertising company. In addition, not withstanding our policy of prohibiting employees from buying or selling securities of an advertising company for a period of 20 days following dissemination of the advertisement, we may not be able to effectively monitor our employees to ensure compliance with the same. Consequently, there may be sales and/or purchases of such securities by our employees prior to, during and immediately following the dissemination of the advertisement. Please note that (1) this email may not contain the full text of the press release issued by, or the research or other reports regarding, the Monitored Company; and (2) the text of the advertisement, the press release and/or reports were obtained from third party sources and were not written, generated or edited by us; accordingly, we make no representations or give any assurance as to the accuracy or completeness, nor have we conducted any independent investigations of, the disclosures regarding the subject matter of such releases and reports. Please note that links to the advertising company and/or Monitored Company are provided for your convenience. We assume no obligation for the content of such sites. All information contained herein should be independently verified by you with the advertising company or with Monitored Company or any other sources you prefer. [THIS IS ONLY A SUMMARY OF, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO, THE =01&EQUITYALERT SUBSCRIBER AGREEMENT AND DISCLAIMER.=018 PLEASE VISIT http://www.equityalert.com/home/disclaim.asp FOR ACCESS TO OUR COMPLETE DISCLAIMER] ******************************************************************