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

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

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To: Dennis Roth who wrote (8715)	4/17/2000 9:30:00 PM
From: A.J. Mullen	Read Replies (1) of 13582

Dennis, that article neglects to mention that the UK is demanding 50% of the bid on completion of the auction. This, and a more onerus bankrupcy law, is likely to avoid a repeat of the Nextwave scenario. The auction rules are constructed to ensure different ownership of the licenses, so competition will supposedly lessen the need for regulation. I have a question technical wrt to the British auction. Are not the bandwidths already defined? WCDMA requires more bandwith than CDMA 1, etc. Are the bandwidths tailored for WCDMA, in which case CDMA will leave some unused. Or is there where HDR comes in? Does it use the remaining bandwidth? Have I answered my own question? Was HDR developped specifically to use bandwidth that would otherwise go unused where spectrum was allocated to fit WCDMA? If so, it would be a wonderful irony.

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