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Pastimes : The New Qualcomm - write what you like thread.
QCOM 166.34-1.7%12:47 PM EST

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To: S100 who wrote (2145)9/21/2000 11:23:00 PM
From: Maurice Winn  Read Replies (1) of 12247
 
3G spectrum money down the gurgler in Germany!

< Germany on Thursday became Europe's first country to earmark a large chunk of windfall gains from third generation mobile telephone licences for infrastructure with an ambitious investment plan for its crumbling rail network.

The decision to spend up to DM40bn (E20.5bn, $17.7bn) modernising rail track to boost freight and attract more passengers was seen as particularly timely against the background of steadily rising petrol prices.
>

Let's hope for a beauty contest in China and a demand to the winner than they cover every square inch of China in 3G CDMA and do it by 2003 and that they give every Chinese over age 5 a cellphone, with the investment recovered in minute prices.

That would put China on top of the world.

Germany is a joke!

If railways can't make money after 150 years, somebody should be able to figure out that they are obsolete. This is another example of how destructive of capital governments are and it shows how the gross undercharging for IPR by QUALCOMM is going to result in vast waste.

That $17 billion should have gone straight to Q! R&D budgets [and the bottom line for Q! shareholders] for the rapid creation of WWeb and acceleration of The New Paradigm.

What a waste!

Mqurice
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