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

QCOM 174.54

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Nov 13 3:59 PM EST

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To: Bux who wrote (3650)	11/26/1999 12:58:00 PM
From: quidditch	Read Replies (1) of 13582

Bux, you are right; I was imprecise when I lumped GSM and CDMA together. My point was that T's TDMA would show inferior "density" (again, my word for the new Yankee metric)--thus inferior ROI/ROE--when compared to networks of carriers using non-TDMA RFs. I lumped GSM (Omnipoint, North American GSM Org.) with CDMA because of my understanding, perhaps incorrect, that although GSM is a variant of a TDMA RF, I thought that GSM had better spectral efficiency than "pure" TDMA. Is that not right? Re: Steven, you have made the mistake of grouping GSM and CDMA in the same boat when discussing spectral efficiency. Steve Happy Holidays, Bux

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