Steven:
Are you familiar with the psychological concept known as "cognitive dissonance"? Simply put, human nature is such that we tend to reject concepts that do not line up with our view of reality. Michael Murphy, Charles Biderman, that flaky Stanford (associate) professor et al, pontificated at length why CDMA would fail. First it wouldn't work, then it wouldn't work well enough, then it would be too late, then it...blah blah blah (so much for eloquence). It's like listening to a two-note symphony; the music gets really old after awhile.
It is not particularly difficult to verify CDMA's performance versus GSM or US-TDMA. I have spoken to numerous operators who have deployed the technology--some, like Airtouch, operate CDMA, GSM and US-TDMA networks. Their comments are predicated on empirical results rather than ideological (bordering on pathological) conviction. But, of course, Murphy may be capable of modeling a cellular network more accurately in his mind than ATI can in the real world. Of course, Ericsson's promulgation of W-CDMA as a next generation standard for Europe also supports his bearish hypothesis :-).
Bottom line: if Murphy was such a brilliant analyst and money manager, he would be focusing on growing his investment advisory operation rather than peddling his book.
Best Regards,
Gregg |
