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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 176.69

+1.6%

3:59 PM EST

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To: Peter J Hudson who wrote (2563)	8/30/2000 8:16:25 AM
From: Maurice Winn	Read Replies (3) of 196617

Pete, the enthusiastic bidders for spectrum might well have paid too much. If that's true, then their share price will drop accordingly and the shareholders will wear the difference in pain and suffering. If they have got way out of kilter they'll be bought for a realistic price by some other company. But that won't affect the very fast rollout of the most spectrum-efficient technology available at an early stage. The availability of engineers and electronic gizzards will determine the roll-out speed, not the availability of money, which is available in the $$trillions if the bottom line is monstrous. If 1xEV and HDR are ready and soon and if 1.25MHz is the way to handle it, then all to the good. The megabyte cost will be low because many bits will fit into the scarce spectrum. That will fuel early demand. The cheaper the better in my book! Eatallyoulike at 4 megabits per second would be ideal, paid for by advertising and click-through sales. The question remaining is how much WWeb users will pay for megabytes at various times of the day to fill the spectrum. The spectrum bidders have taken a guess and placed their big bets. Globalstar is struggling with a similar question; how much will be paid to fill the circuits [they are taking a long time to figure it out]. Mqurice PS: Very impressive crabs live up north! I'd like to eatallIlike of those things! I might have to head north sooner rather than later.

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