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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 174.01-0.3%Nov 14 9:30 AM EST
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To: JMD who wrote (635)8/6/1999 10:01:00 PM
From: Art Bechhoefer  Read Replies (2) of 13582
 
For some reason, I seem to recall that AT&T paid $5 billion for McCaw, but I may be wrong. Even that was too much. I also recall that by the time McCaw/AT&T was ready to deploy a TDMA system, the IS-95 standard (CDMA) had already been approved. It is unlikely, given the time that TDMA was actually deployed, that choosing CDMA would have entailed any major delays. Let's face it: McCaw/AT&T just made a poor decision, based more likely than any other reason, on the fact that the system was designed by a well known, established company, Hughes Electronics (GM Hughes), and not some newcomer, whose management wasn't well known to the stuffed shirts that run AT&T. Their loss, our gain!
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