Message-ID: <20781322.1075840986987.JavaMail.evans@thyme> Date: Thu, 17 Jan 2002 06:00:22 -0800 (PST) From: alerts@alerts.equityalert.com To: alewis@ect.enron.com Subject: Your News Alert for QCOM Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: "Equity Alert Center" @ENRON X-To: Andrew Lewis X-cc: X-bcc: X-Folder: \ExMerge - Lewis, Andrew H.\Deleted Items X-Origin: LEWIS-A X-FileName: andy lewis 6-25-02.PST =09[IMAGE]=09 =09[IMAGE]=09[IMAGE]=09 [IMAGE] [IMAGE] [IMAGE] [IMAGE] Upgrades [IMAGE] DownGrades= [IMAGE] Coverage Initiated [IMAGE] Stock Splits [IMAGE] Buybacks [IMAG= E] Pos Pre-Announce [IMAGE] Neg Pre-Announce [IMAGE] [IMAGE] [IMAG= E] [IMAGE] [IMAGE] Unsubscribe [IMAGE] Update my Membership / Profile [= IMAGE] Forgot Username / Password [IMAGE] Add / Edit Alerts [IMAGE] View = My Alerts [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [= IMAGE] [IMAGE] =09 As requested, your News Alert for QCOM follows from Eq= uityAlert.com. QUALCOMM Announces New Financial Segment Reporting SAN= DIEGO, Jan 17, 2002 (BUSINESS WIRE) -- QUALCOMM Incorporated (Nasdaq: QCOM= ), today provided access to historical data in its new financial segment re= porting format. The new reporting includes two new segments, called QUALCOM= M Wireless & Internet and QUALCOMM Strategic Initiatives, which were create= d as a result of certain changes in the Company's businesses and managerial= reporting as announced in July 2001. Effective in the first quarter of fis= cal 2002, the Company's complete financial segment reporting includes: --= QUALCOMM CDMA Technologies (QCT) -- develops and supplies industr= y-leading CDMA chipset and system software solutions used in networ= k infrastructure equipment, phones and other wireless devices. QCT = integrates industry-leading capabilities into its chipsets; includi= ng radioOne(TM) direct conversion technology and gpsOne(TM) wireles= s position location technology facilitated by SnapTrack(TM), a whol= ly owned subsidiary of QUALCOMM. -- QUALCOMM Technology Licens= ing (QTL) -- licenses the Company's essential CDMA patent portfolio= to telecom equipment and consumer electronics manufacturers worldw= ide. To date, QUALCOMM has licensed over 100 companies to use its p= ortfolio of over 1,900 U.S. patents and patent applications applica= ble to CDMA and other technologies. -- QUALCOMM Wireless & Int= ernet (QWI) -- comprised of the following businesses: -- Q= UALCOMM Internet Services (QIS) -- formed to accelerate the dev= elopment of applications for the wireless Internet, building on= QUALCOMM's Binary Runtime Environment for Wireless(TM) (BREW(T= M)) applications platform. The BREW platform enables hardware m= anufacturers and software developers to quickly create new prod= ucts and applications, and allows users to download and run tho= se applications on their wireless devices. -- QUALCOMM= Digital Media (QDM) -- develops technologies to support the pr= ocessing, transmission and management of content for a variety = of media applications, including the delivery of digitized moti= on pictures (Digital Cinema) and highly secure, wireless produc= ts for the U.S. government. -- QUALCOMM Wireless Business Solution= s (QWBS) -- develops and provides satellite and terrestrial-bas= ed fleet management solutions to over 400,000 vehicles in 32 = countries. The QWBS Network Management Center processes = more than seven million transactions per day, making it one = of the largest wireless data networks in the world. -- QUALCOMM Strate= gic Initiatives (QSI) -- formed to consolidate and manage the Compa= ny's strategic investment activities. QUALCOMM invests in wireless = carriers and manufacturers to promote the worldwide adoption of CDM= A products and services for wireless voice and Internet data applic= ations. Generally, the Company will exit these investments at the e= arliest possible time, provided the individual circumstances of a = particular investment permit an orderly exit without undermi= ning QUALCOMM's original strategic purpose. Earnings or losses from= the QSI segment come from interest income, increases or decreases = in the value of investments (both realized and unrealized) and QUAL= COMM's share of income or losses from consolidated subsidiaries and= investments accounted under the equity method of accounting. From = time-to-time other income may result from strategic activities = such as the sale of an FCC bidding credit in the fourth fiscal = quarter of 2001. QUALCOMM is providing new information on the QSI segment = to aid investors' understanding of the investments that the Company has mad= e and the income or losses generated from those investments. QUALCOMM will = separate the financial performance of QSI from its core operating businesse= s because many of these investments are in development-stage companies incu= rring planned accounting losses that are consolidated into QUALCOMM's repor= ted earnings. The Company believes that the new financial segment reporting= will allow investors to more accurately value the different elements of QU= ALCOMM's activities. Under the new financial segment reporting, net earning= s of $0.10 per share for fiscal 2001 and $0.09 per share for fiscal 2000 ha= ve been moved from core operations into the QSI segment. Historical infor= mation, including revenues and earnings before taxes by segment, is present= ed on QUALCOMM's Investor Relations web site at www.qualcomm.com. QUALCOMM = will report the results of its first fiscal quarter of 2002 using this new = reporting format on January 24, 2002. 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 te= chnology. The Company's business areas include CDMA chipsets and system sof= tware; technology licensing; wireless fleet management systems, OmniTRACS(R= ), TruckMAIL(TM), OmniExpress(R), LINQ(TM); BREW(TM) applications platform;= and satellite-based systems including portions of the Globalstar(TM) syste= m. QUALCOMM owns patents that are essential to all of the CDMA wireless tel= ecommunications standards that have been adopted or proposed for adoption b= y standards-setting bodies worldwide. QUALCOMM has licensed its essential C= DMA patent portfolio to more than 100 telecommunications equipment manufact= urers worldwide. Headquartered in San Diego, Calif., QUALCOMM is included i= n the S?500 Index and is a 2001 FORTUNE 500(R) company traded on The Nasdaq= Stock Market(R) under the ticker symbol QCOM. Except for the historical = information contained herein, the preceding discussion contains forward-loo= king statements that involve risks and uncertainties. QUALCOMM's future res= ults could differ materially from those discussed here. Factors that could = cause or contribute to such differences include, but are not specifically l= imited to: potential declines in the rate of growth in the Code Division Mu= ltiple Access (CDMA) subscriber base; risks associated with the scale-up, a= cceptance, and operations of CDMA systems; risks associated with strategic = opportunities or acquisitions, divestitures, and investments the Company ma= y pursue, including investments in new ventures and operators; risks relate= d to the ability to sustain or improve operational efficiency and profitabi= lity; the development, deployment and commercial acceptance of evolving CDM= A technology standards; developments in current or future litigation; the a= bility to develop and introduce cost-effective new products in a timely man= ner, the Company's ability to effectively manage growth; the intense compet= ition in the wireless communications industry, as well as the other risks d= etailed in the Company's report of Form 10-K. The Company's consolidated fi= nancial data includes SnapTrack, Inc. and other consolidated subsidiaries o= f the Company. QUALCOMM, OmniTRACS and OmniExpress are registered tradema= rks of QUALCOMM Incorporated. radioOne, gpsOne, SnapTrack, BREW, TruckMAIL = and LINQ are trademarks of QUALCOMM Incorporated. Globalstar is a trademark= of Loral QUALCOMM Satellite Services, Incorporated. All other trademarks a= re the property of their respective owners. CONTACT: QUALCOMM In= corporated Investor Relations Contacts: = Julie Cunningham, Institutional Investors & Media 858/= 658-4224, Fax: 858/651-9303 juliec@qualcomm.com = or Nancy Linke, Equity Analysts = 858/658-4086, Fax: 858/651-9303 nlinke@qualcomm.co= m or Julie McClure, Individual and Reta= il Investors 858/658-4854, Fax: 858/651-9303 = jmcclure@qualcomm.com URL: http://www.businesswire.com= Today's News On The Net - Business Wire's full file on the Internet with H= yperlinks to your home page. Copyright (C) 2002 Business Wire. All rights= reserved. -0- KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/= ELECTRONICS HARDWARE INTERNET = SOFTWARE TELECOMMUNICATIONS SO= URCE: QUALCOMM Incorporated [IMAGE] = ***IMPORTANT NOTICE AND DISCLAIMER REGARDING THIS COURTESY EMAIL*** At = your request, as a subscriber to our service, this email alert is being sen= t to you as a courtesy and is for information purposes only. We are a finan= cial news re-distributor. We are not an investment advisory and do not purp= ort to tell or suggest which companies you should monitor or which securiti= es you should purchase or sell. In addition, not withstanding our policy = of prohibiting employees from buying or selling securities of an advertisin= g company for a period of 20 days following dissemination of the advertisem= ent, we may not be able to effectively monitor our employees to ensure comp= liance with the same. 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