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

QCOM 178.29

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Dec 12 9:30 AM EST

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To: limtex who wrote (12049)	6/25/2001 6:19:12 PM
From: Maurice Winn	Read Replies (2) of 196957

<Actually I think there is a rational explanation as to why mobile telephony took off in Europe as opposed to the US. The answer is this:-> I think the main reason the USA was so slow in using cellphones was that the person receiving the call was the person who paid. In more civilized countries, the initiator of the call paid; "Calling Party Pays". So, in the USA, people were reluctant to buy phones and were reluctant to give people their phone number. Now that minute prices are reaching civilized levels, demand is going crazy. Leap Wireless sells 1000 minutes a month on average, because another minute costs the subscriber nothing. Globalstar should have noticed that way of selling a LOT of minutes [which they have a lot of, rotting in the sky]. With minute prices down to the average person's hourly rate of about $10 an hour or 20c a minute, the marginal minute is not a frightening thing. People price themselves and their normal, everyday activities at their 'hourly rate'. If something exceeds their hourly rate, they use it sparingly. Mqurice PS: Any CDMA reports from Peking?

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