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

QCOM 177.95

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To: Ramsey Su who wrote (19159)	2/17/2002 11:30:39 AM
From: David E. Taylor	Read Replies (2) of 196433

Ramsey: I am beginning to think that Europe has already committed themselves to a 3G financial model that is doomed from the start. I don't know about that - if they believe their own studies, they think that 3G services represent a $1 trillion market over the next 10 years (and that's just the GSM/UMTS part): umts-forum.org I'm not saying that this "white paper" is correct, since it estimates potential revenues from different types of 3G services which are not yet available, and compelling 3G services of the type described that users will actually pay a premium over voice service for will not be evident until the SP's start testing the markets with them. But, the SP's must believe the market potential is there to recoup their license and network deployment costs. David T.

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