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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 154.12-3.3%3:59 PM EST

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To: Caxton Rhodes who wrote (11024)6/2/1998 2:57:00 AM
From: Maurice Winn  Read Replies (2) of 152472
 
Thanks Caxton! So, Qualcomm is off and running in Australia eh! Told you so. They are on the WLL trail springing from the mobile system = two for the price of one.

Now they are going to be bidding against me in New Zealand! Bloody Hell! Maybe I should buy me out rather than see if I can outbid me. Spectrum auctions start here in August or September. There is 600MHz on sale in 10MHz chunks, and some 20MHz, so there is enough to go round. Then there is all the 800MHz range where Telecom has analog.

Although we are small in geography and pops, we have as much spectrum as the USA. So spectrum is as common as great beaches. Not to mention sheep. Heck, even the sheeps could have a cdmaOne phone or at least a locator beacon.

There might be more cellular networks here than anywhere on earth the way things are going. Since 30% of the population lives in Auckland, it will seem a joke to have 10 cellphone towers cluttering up Eketahuna. One per person. Coverage isn't going to be that good for each network. Dual mode or roaming deals will be the order of the day.

Spectrum prices should be way below the Australian, Mexican and USA high bids. More akin to the rural areas of Alice Springs than downtown Sydney where 4 million pops hang out.

If Qualcomm jumps in to the bidding here, I guess I'll have to go back to my Graviton Spin Reversal System and leave them to it. Unless they need a local gangster to sort out the sheep from the goats.

SurferM, thanks for the allowance of excess words. With Sony, Fujitsu, Motorola, Lucent, Northern Telecom, Alcatel, Nokia, Siemens, Philips, not to mention a few Korean companies and other Japanese ones all interested in cdmaOne developments, I don't think it is a matter of Ericsson wandering up and taking over for $80. The bidding would include future value with the current hiatus over Korean and co problems not being too dominant.

No worries Gregg!

Mqurice

Gregg, thanks for the compliment, but my aspiration is to be a successful investor. Writing here only pays if Qualcomm does well. Or I get lots of information which enables me to invest wisely. Which I have, thanks to all.

Dougjn, I'm starting to suspect you have a nose for a bargain.
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