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Technology Stocks : The New Qualcomm - a S&P500 company

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To: Ramsey Su who wrote (2049)	10/6/1999 9:14:00 AM
From: Jeff Vayda	Read Replies (1) of 13582

seems the FCC cant keep from tripping over its self. If they keep this up, some of the bills in Congress will be passed and the FCC will be greatly reduced or gone all together. Not a moment too soon. The chairman seems to have lost all sense of reality. I guess that is a by-product of talking with Nextel too long! Jeff Vayda (Thanks to Phillips Telecon) Re; MCI/Sprint merger: The deal drew immediate, surprisingly strong criticism from FCC Chairman William Kennard. "This merger appears to be a surrender," he said. "How can this be good for consumers? The parties will bear a heavy burden to show how consumers would be better off." What's Kennard doing? The response was unusual for the head of a regulatory body which hasn't yet seen a page of MCI WorldCom's merger application. It leaves the FCC open to criticism of its merger policy, which strikes many as inconsistent and unclear.

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