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Technology Stocks : Nokia (NOK)
NOK 6.225-1.0%3:03 PM EST
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To: Diamond Jim who wrote (8080)11/11/2000 7:29:57 AM
From: JohnG  Read Replies (1) of 34857
 
Diamond Jim. Name calling will not solve either NOK's problem or the problems that are derived from the protectionist Euro socialist serf mentality that both stiffels innovation and miss allocates economic resources.
You fools have just destroyed your telecom industry by forcing your operators to pony up huge licensing fees to acquire so called 3G spectrum that they don't even need. Now you fools propose to deploy GPRS with its low data rstes on that extremely expensive newly acquired spectrum. Then you suddenly realize that, due to GPRS's low data transmission rates and the Euro serf failure to develop innovative services, you can only deploy the same dull services on the new spectrum that were deployed on the old spectrum. But, alas, there is a promlem. These same dull offerings are incapable of earning the return necessary to pay for the expensive licenses the Socialist governments just laid on the operators.

So now what. I guess you just stand around with your head in the sand waiting for the all wise Euro Socialist masters to tell everyone where to go from here.

Heaven please forbid that you should loosen up on government controls so that some very innovative group could develop something really usefull and make a huge nasty killing deploying it. Ah yes, joined together in mediocraty, we are all very equal.
JohnG
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