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

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To: Art Bechhoefer who wrote (159675)	8/7/2019 10:11:23 AM
From: Jamie153	1 Recommendation Recommended By Arran Yuan Read Replies (1) of 196444

Thanks for the info. "With the breakup of the Bell System on 1 January 1984, all of the Bell System licenses passed to the newly divested regional telephone companies. Cell phone service availability quickly spread throughout the country" ethw.org The first cell phone came in 1983, one year before the breakup. AT&T released a mobile phone within months of breaking up. My point is that bigger is not better. In fact, we have to do this right or things get really screwed up. When industries are broken up everything collapses. Banking deregulation gave us the Great Recession. Telecom deregulation gave us the telecom bust (what some call the dotcom bust but telecoms lost 10x more money than the dotcoms). Airline deregulation caused airlines to lose more money than they made during their entire history. I don't have a problem with big corporations per se. But, I also don't have a problem with them broken up, but deregulation always leads to economic collapse. Btw, AT&T currently has the fastest 5G network in the country. It's small but it's 1.9Gbps.

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