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

QCOM 174.76

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Dec 23 3:59 PM EST

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To: JGoren who wrote (6161)	2/3/2000 11:57:00 AM
From: quidditch	Read Replies (2) of 13582

JGoren, I read the Second Circuit Ct. of Appeals opinion with respect to the FCC's appeal of the fraudulent conveyance/reduction in auction price for Nextwave's C-block spectrum. One way of looking at that opinion is to see it as a roadmap to predict the outcome (via dicta, of course) of any future FCC appeal of the Bankruptcy Court's decisions. As of Monday's ruling that rejects the FCC position on cancellation of the licenses and this statement of the FCC's intent to appeal, that roadmap now becomes relevant. If you'd like, I can PM, or if the thread deems this kind of discussion as "threadworthy", we can open it up. Steve

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