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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.25

+2.3%

12:23 PM EST

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To: Bruce Brown who wrote (38780)	8/27/1999 7:45:00 AM
From: limtex	Read Replies (1) of 152472

BB - Good grief, no wonder the European GSM fat kitty cats don't want to let it in over here. I pay about $40 a month just for GSM service as well as paying up the wazoo per minute for outgoing and incoming calls. Need I say that in 1995, my Siemens GSM mobile phone cost me almost $1000! Thank goodness it's all tax deductible for me, but it's time these European 'Fat Cat Near Monopoly State Run Telecoms' join the new world. Politically speaking, I think any state run venture is pretty hard to run up against. Look at AOL's difficulty with Deutsche Telekom. I'm equally fearful of the GSM monopoly. I realize that CDMA could easily become the world standard without displacing the European GSM lock, so my long term look at Q is still positive. There's always room for a 'chimp' How do you think a company like Vodaphone could possibly get into a position that it could buy ATI unless it charged its customers like you described it? Just imaging wha the European customers would say if they knew how much they were getting fleeced. But they won't find out in big numbers the Europeans know all about propaganda and how to control their populations so they will keep them nice and quiet while they continue to fleece them. Thats also one of the reasons that the newly privatized European telcos have been buying GSM franchises all over the World. Easy money and ripping off the public. Its how many European companies get to make any money at all. BT charges about 4p ie 6c per minute for local calls!!! If they were exposed to the white heat of US domestic competiton they would not get half way to first base. Best regards, L

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