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

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: Jeff Vayda who wrote (50602)	2/27/2006 2:15:38 PM
From: Maurice Winn	Read Replies (1) of 197007

Jeff, I would love to have seen QCOM buy bankrupt Globalstar lock, stock, and barrel and do it right. That would have cost only $2bn of the huge stack and that would service 1 billion people in 2015 at $10 each bottom line per year = real money. In 2010 it would be 5 million people buying phones/data gadgets and service. OmniTRACS shows some demand and that's with huge, expensive devices. There are millions of people constantly moving in and out of terrestrial coverage. That is very annoying to them. Not to mention fatal at times. The Quid cybercurrency needs development too and QCOM should be doing that. Tinkering with CDMA/OFDM air interfaces and integrating modes and radioOne to improve spectrum efficiency is still good, but it's tidying up now. There are more important things that need doing. If they can't think of how to use that money, gizzit. There are the two ideas I would love them to do. They passed on Globalstar, though there is a capital raising process underway and I cannot think of a more logical shareholder than QCOM. I would just love QCOM to own Globalstar and do it right. Which means global coverage [integrated 10,000 km satellites] a new LEO, turbo-charged new worldphone handsets, and FREE minutes until the constellation is loaded. Bernie Schwartz couldn't do it. Would Irwin be able to? Maybe that could be a little retirement project for him to dabble with now that Paul is flat out all day running the main show. He could show Bernie how it should have been done. When the constellation is loaded, then the demand would determine the minute prices. Prices on the handsets would show the current price per minute to connect. Motorola's 1993 patent for that purpose is getting old and will expire before the constellation was built and certainly before the demand got up to a level requiring minute charges [of course termination charges by other carriers would be charged from the beginning]. Wishful thinking for 2006, Mqurice

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