Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

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Dec 24 12:59 PM EST

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To: Uncle Frank who wrote (76724)	7/16/2000 1:18:55 AM
From: Maurice Winn	Read Replies (2) of 152472

Yes, UF and just as MCI bought 1 bn minutes from NextWave, which never were actually sold and neither was the network built. A total mess and all thanks to the absurd Congress-set rules to favour small companies, women and people with the right DNA as determined by a colour-chart or some such and exacerbated by C-block auction rules requiring no money up-front before bidding. W-CDMA contracts can't really have performance guarantees yet, since the design isn't finalized. All half-baked contracts and all can be cancelled. I guess they are VaporWare contracts, designed to demoralize the cdma2000 people who see all W-CDMA arrayed against them. Sort of like USSR marching across Red Square with paper-mache rockets to make them look good! There is no W-CDMA! The emperor is NOT wearing any clothes. Mqurice

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