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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.690.0%Dec 24 12:59 PM EST

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To: Jim Willie CB who wrote (71289)4/27/2000 12:55:00 PM
From: Andrew N. Cothran  Read Replies (1) of 152472
 
George Gilder has it right:

ATT spinoff of its wireless (IPO) is:

(I)redeemably (P)athetic (O)ffering

of which we all stand in AWE!!

Gilder continues: The data dilemma dooms American TDMA networks. The Bell Atlantic/Vodaphone partnership (inexplicably renamed Verizon) abruptly thrusts AT&T into a distant second place in the wireless market share. T's only remaining advantages are cash, bulk, and an increasingly compromised brand. In thrall to a bankrupt technology, all three will waste away.

Could anyone else say it more elegantly?
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