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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 169.42-2.2%2:15 PM EST

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To: tero kuittinen who wrote (8634)2/18/1998 5:22:00 PM
From: kech  Read Replies (1) of 152472
 
Tero- Hope you keep posting. It constantly amazes me how people can
view the same set of underlying facts so differently. It is all in the spin.

But you also have to realize that people may feel an obligation to save you from your own statist blinders. Even if the Nordic equipment suppliers are capable of manipulating the European Standards bodies to pick a standard for European protectionist purposes it doesn't go down well.

It may be an accurate portrayal of what will happen but it is not a competitive outcome in the way that most people think of the term-- intense competition on colors of handsets notwithstanding. QCOM fans in general believe in free trade, the gales of creative destruction, brilliant managers and their unlimited possibilities. Maybe it too has its own blinders - but you have to envision the kind of world you would like to be in and act to make it possible. It also has the virtue that a lot of times these forces are stronger than the forces of statist monopolies, regulation, and protection.

(Ramsey gags in the background , Maurice enters stage left to pick up mantra of idealism)

Tom
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