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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Rajala who wrote (15396)9/23/1998 1:52:00 PM
From: Gregg Powers  Read Replies (2) of 152472
 
Rajala:

Your faith in print publications (i.e. Businessweek) is commendable but misplaced. Your presumption posits that a staff reporter, working on a limited timeline, can accumulated sufficient information to opine, with absolute accuracy, on a complicated technological and legal topic such as 3G. Give me a break.

In September of 1996 the Wall Street Journal published a story call "Jacob's Patter" which suggested that CDMA was technically flawed and would not deploy commercially. As you are probably aware, three months later the Sprint network began turning on across the country. Having spoken with the author, Quentin Hardy, I can assure you that he is neither dumb nor malicious. He simply interviewed some Qualcomm people, interviewed some other so-called experts, and chose to believe the latter over the former. He accurately reported what he believed to be true...but was absolutely wrong. Ditto the Businessweek article. I am sure that the B/W reporter spoke to some QC people and to some Europeans/GSM advocates. The story's ambiguous conclusion is not surprising since the reporter certainly received very contradictory opinions.

Gregg
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