Slacker711, just a slight correction, I say VW40 is vapour wear, not will be. It is quite possible Ericy and others will cobble together something they'll call W-CDMA which will work. But right now, it is very definitely in the category of vaporware. One could argue that cdma2000 is in the same category, but the history of success Q! has had would lead to the conclusion that cdma2000 will become real in 2 years, while W-CDMA will remain a gleam in the eye of Lars Ramqvist who, until very recently, denied that CDMA was an option at all [even though lately they claim to have invented it - in 1880 or thereabouts, though they were not prepared to let a court decide, preferring to sign up for a Q! licence].
Meanwhile, it's nice to see Gregg back. Morgan did make a valid point: it's surprising that Private Capital Management sold a big bunch of Q! stock. I suppose it was to maintain percentages so that they would be seen to be meeting some balance in portfolio holdings.
Gregg more or less measured up cash flow forecasts rather than the more ethereal Condor, WK, Eudora, Cinecomm, 724, 3G and wireless data income streams. These are so big, that like Gregg, I find it's hard to find an upper bound. The existing cash flows definitely justify current prices.
Mqurice
PS: Morgan, you better have a very good reason for your sense of humour. So far, I can't see the joke.
Also, Gregg, do you still think Irwin made a mistake seeking convergence? You had thought a fragmented standard would be in Q! interests although Irwin was pushing hard for convergence. |
