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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 136.33-8.4%3:59 PM EST

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To: engineer who wrote (9209)4/25/2000 8:05:00 PM
From: Ron M   of 13582
 
Engineer: Just in case no one has forwarded some of Gilder on the AT&T spinoff.

He says in part, "If the AT&T Wireless IPO (Irredeemably Pathetic Offering) succeeds on the scale T is predicting it will be an even more amazingly Barnumesque feat than Craig McCaw's unloading it on AT&T the first time. Inferior by far even to GSM, the European TDMA standard, AT&T's American TDMA has no future at all."

Another half dozen paragraphs continue until he concludes, "T's only remaining advantages are cash, bulk and an increasingly compromised brand. In thrall to a bankrupt technology, all three will melt away."

As usual he pulls no punches; Anyone thinking of buying the IPO?
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