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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 182.40+3.5%Jan 6 3:59 PM EST

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To: puzzlecraft who wrote (97079)4/7/2001 1:14:16 PM
From: Jack Bridges  Read Replies (1) of 152472
 
Better that they should have less money to work on WCDMA, so they can sober up and get on with CDMA2000. Remember, the U.K. Radio Authority, after full input from operators and vendors, decided in its infinite wisdom that the free market should be allowed to function just this once. Blair's Labor government thought that this was dandy, as it would give them maximum do-ray-me to beef up social programs.

Remember also that Vodafone and QCOM conducted a successful trial at Newbury in 1998, establishing that the least expensive and most timely way to proceed was by overlaying CDMA on GSM.

The U.K. auction was embellished with all the glory of contract law and to the detriment of losing bidders. Why even think about unscrambling this egg?
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