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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%3:59 PM EST

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To: Raymond who wrote (17468)10/31/1998 7:24:00 PM
From: Maurice Winn  Read Replies (2) of 152472
 
Raymond, you are missing the European feudal association of restrictive trade practice stopping QUALCOMM selling their product in Europe. You are missing that QUALCOMM will charge L M Ericsson 12% [or some hopefully extorquerationate royalty to make what you referred to as excrement] which will mean L M Ericsson would have expensive excrement. You are missing that maybe QUALCOMM doesn't like the smell coming from the L M Ericsson camp and would simply prefer not to deal with them at all. You are missing that QUALCOMM favours the people who bought their cdmaOne equipment and those who favoured the other networks are going to lose their shirts and the cdmaOne networks will take over their customers. You are missing that there is such a thing called private property, and the USA, despite the Microsoft and Intel attacks, tends to defend their people's private property rights.

You see, there needs to be great profit for QUALCOMM to save GSM users from their foolish decisions to choose obsolete equipment.

Anyone foolish enough to order GSM equipment today will incur high costs in a short time as they have trouble in the world of cdma2000.

That's what you are missing.

You ask how come QCOM refuses to license their intellectual property to the VW40 crowd. Well, as you say, it's better if Nokia, L M Ericsson and the rest are working on something inferior. It's called GSM. QUALCOMM can leave them to it and get ALL the customers who want cdma2000. A perfect free market solution. L M Ericsson and GSM can compete against cdma2000. Open the European market and let's have at it!

It's called competition. Of course L M Ericsson won't like THAT!

Mqurice
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