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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 179.02+3.7%Nov 5 3:59 PM EST

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To: gdichaz who wrote (7846)3/22/2000 10:03:00 PM
From: Rono  Read Replies (1) of 13582
 
Chaz,

NextWave got caught with their hand in the cookie jar, and simply wanted to put the cookie back without retribution.

The FCC auction process cannot be undermined by renegotiations after the fact. After exhausting all measures, including suing the FCC for fraudulent conveyance, offering to pay debts in full compromises the auction process, and should not be tolerated now or in the future.

Granted, the FCC actions or lack thereof surrounding these events is dumbfounding, the premise holds true.

With regard to the Nextel term sheet, all I know is what Nextel publicly stated, "don't believe everything you read in news releases" (or something to that effect). Maybe some day we'll know the rest of the story.

I don't know the issues regarding calling party pays so I can't comment, but if you you want free incoming calls get Nextel! They're offering this to all new subscribers :-)

Sorry if I violated rules of this thread.

Regards,

RonO
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