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Technology Stocks : Nextwave Telecom Inc.
WAVE 7.420+1.4%Nov 18 3:59 PM EST

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To: Jon Koplik who wrote (230)12/17/1999 2:50:00 AM
From: Maurice Winn  Read Replies (2) of 1088
 
NextWave has done well to 'wait' until now. They can go straight onto HDR with IP the basis for it all. People will be 'always on' with fast, cheap and highly functional WWeb and voice services all over the USA.

Qualcomm shareholders will rightly get excited over this tomorrow [if there wasn't a leak and they were already excited about it today when Q! reached a new all-time high of $440.

Perverse that NextWave's bankruptcy and the C-block mess might have been a blessing in disguise for Qualcomm. The spectrum cost was originally going to be $4.3 bn and there would now be a half-baked, expensive, cdmaOne network under construction and having cost a lot of money and the Korean backers would have gone belly-up right at the beginning in the Asian Contagion.

Now CDMA infrastructure will be much better and cheaper. Handsets are amazing. WWeb is nearly ready.

A shame Q! has such a low shareholding. Who has the rest? I can't remember now. I thought it was more like 6% but can't recall.

HDR is coming. Watch AT&T get panicky soon.

Maurice
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