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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Maurice Winn who wrote (20124)3/8/2002 3:49:10 PM
From: pcstel   of 196649
 
Maurice: Senator Hollings not only turned down $10 billion profit for the citizens, but promoted alien-dominated GSM technology instead of good ole USA CDMA.

Let's say that Nextwave pays their all of their 4.8 Billion owed! Sells the licenses, (which aren't worth much now, Easily only worth 50% of the Auction 35 price) for 2 Billion dollar gain! The US Govt. still reaps 700 million in Taxes!

US Govt 5.5 Billion
Nextwave 1.3 Billion

By the time you deduct all the money they spent doing protection builds, and legal fees! They limp away with 600 million for 5 years of legal battles. The only ones that made money was the lawyers!

PCSTEL
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