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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 172.32+0.8%10:03 AM EST
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To: Caxton Rhodes who wrote (4596)12/29/1999 3:58:00 AM
From: JGoren  Read Replies (1) of 13582
 
If there is a reauction, Nextel will have to compete with many other bidders and the spectrum will be auctioned city by city--not as a single auction. The biggest problem with a reauction is the delay; it will take the FCC a year to do it; meanwhile, there is a crying need for its use and NextWave can probably put it to use as fast or faster than anyone else.
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