Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 3:59 PM EST

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To: pcstel who wrote (107035)	10/16/2001 8:14:41 AM
From: LarsA	Read Replies (2) of 152472

"The real losers here are the American people" - really! Here is another example of the same phenomena: washingtonpost.com "Many of the broadcasters on the 60 to 69 band, calling themselves the Spectrum Clearing Alliance and led by Paxson Communications, have been lobbying the FCC to let them negotiate their own deals with wireless companies. In short, a portion of the most precious public asset of the information age…the electromagnetic spectrum…is the captive of licensees who want a payoff to set free something they got for nothing in the first place. And due to congressional inaction and the pressing need to find enough frequencies for the wireless industry, the FCC seems all too willing to oblige. At a time when the federal government is borrowing from the Social Security trust funds, it is a costly mistake for the government to share the billions of dollars in revenue that it usually receives from the public auction of such frequencies."

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