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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 165.03+1.0%Nov 24 3:59 PM EST

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To: engineer who wrote (26428)9/5/2002 9:16:17 AM
From: quidditch  Read Replies (1) of 196749
 
Hi, engineer, maybe Mq has a point in staying away from Nextwave for the time being, given that all that investment will fund for the next year or so will be to fund the appellate lawyers.

As to LWIN--I like that idea too--but don't we run afoul of the original limitations of the bandwidth auctions LWIN's successful bids in which resulted in LWIN's current spectrum. As I recall, QCOM had to divest (or convert into warrants) some securities and write letters to the FCC asserting that it didn't "control" LWIN and that LWIN was indeed eligible to participate in the C-Bloc or D-Bloc (alphabet indigestion--I may have the letters wrong). Maybe Powell will be kindly disposed to another "independent" CDMA carrier fallen on hard times, even if the FCC wasn't kindly disposed to the folks in Hawthorne, NY.

quid

PS Hope your boys are doing well. Hi to the crazies.
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