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Pastimes : The New Qualcomm - write what you like thread.
QCOM 166.09+0.6%3:59 PM EST

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To: Maurice Winn who wrote (1620)4/15/2000 5:16:00 AM
From: Maurice Winn  Read Replies (1) of 12235
 
<With only seven companies left to fight it out for the five U.K. 3G licenses, the top bids total exceeded œ20 billion ($31.7 billion) at the end of week six.>
totaltele.com

It seems that NextWave Telecom did NOT bid too much in the 1996 C-Block auction. The cunning idea of hoping for a big discount went a bit wrong and now it will be a lucky circumstance if they get the Spectrum at all.
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