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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%Jan 16 9:30 AM EST
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To: foundation who wrote (31748)1/26/2003 2:14:49 PM
From: Jack Bridges  Read Replies (1) of 197258
 
"The sector is best served by letting the market drive the process ahead."

This is the same line of BS I heard from the Radio Authority of the UK at the time of the auctions. An 'independant' member said that they 'had consulted with all leading participants' in arriving at the decision to use auctions as the best way to let the market work its magic.
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