Qualcomm Moderated Thread - please read rules before posting Message Board

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

QCOM 174.01

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Nov 14 9:30 AM EST

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To: Michael Allard who wrote (19912)	3/5/2002 11:41:09 AM
From: pcstel	Read Replies (1) of 196650

Matt (based on the lack of access to capital caused by the FCC's delay in getting the licences transferred). You see, this is where the "Folklore Factor" comes into play! Everything is the evil FCC's fault. Did Nextwave lie on their applications. Sure they did! Were they qualified to even participate in the Auction. NO! Did they act in good faith? NO. But, to you guys. Nextwave is the poor little 'fat boy' that is being bullied by the FCC. This is why this is so comical.. ZERO objectivity being displayed by the Home Team. And to correct your "it was the FCC fault for delaying the conveyance of the Aurthorization's", so it was the FCC's fault!! Shortly after Antigone filed the petition to deny in June. The FCC approached Nextwave for a plan to reorganize their foreign ownership percentages. All they wanted was a plan. It took Nextwave 5 months to present their "plan" to the FCC. And you know what that plan was. We need another 9 months to reorganize our foreign ownership, which we promise to do. The FCC then conveyed Nextwaves authorities in 3 business days over the New Year Holiday. It took Nextwave 5 months to deliver a plan that asked for a 9 month extention, and the FCC conveyed the authorities in 3 business days over a legal holiday. Did they ever do what they promised. NO! Bad nasty FCC.. They withheld their licenses which caused a lack of access to capital!! LOL!! You guys are too much!! Time to throw another Nextwave Folklore log on the ole' campfire. And so it goes..... PCSTEL

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