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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: DiB who wrote (106285)10/5/2001 7:47:21 PM
From: pcstel  Read Replies (1) of 152472
 
DiB: Agreed! But, you forget to factor out the main variable! Technology. If you look back to 1998.. It was easy to envision the necessity of 3G data speeds. However, Technology does not stand still! And data compression technology has advanced (and will continue to do so) at a blistering pace..

If you thought back in 1998.. Hey, I will want to down load music into my phone to listen too.. Whoa.. A single song in AIFF format is 25 Megabytes. Yeap! I am going to need 3G speeds to download that song. Lets see, at 300kbs that will take 83 seconds.. Today. that 25 MB AIFF file is only 4MB and takes 63 seconds to download at 64kbs. In another 2 years the same song will only be 2 MB in size... Same thing goes for Video... 6 years ago people thought.. Streaming full motion video will be hard to do even at 300kbs... Qualcomm has QTV Software MPEG-4 encoders so that it can be accomplished at much lower rates.. In 2 years... What will the compression technology be?

If people today are having a hard time conceiving applications that require 384kbs data rates... They will be even harder pressed to come by, as compression technology continues to advance!

If someone came up with an application that required 3G speeds today.. In another 2 years it might only require 64kbs.

IMO,
PCSTEL
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