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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 157.80+0.9%3:59 PM EST
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To: JGoren who wrote (19521)12/10/1998 7:40:00 PM
From: Clarksterh  Read Replies (2) of 152472
 
JG - Ericy's chip rate proposal was intended to play in the area of general public opinion, i.e., PR, rather than in the ITU or knowledgeable industry persons as a substantive and meaningful proposal to compromise.

Nothing like sounding like an old record, but I never said it was intended to be a serious proposal. In fact I said exactly the opposite. I just said that it was probably primarily driven by the fact that from a technical standpoint they have no real choice but to change the chip rate. And if they have to do that, why not cover your 'oops' in the blanket of 'compromise' and good will. Nothing like making lemonade of lemons, especially when you are Ericsson and are awash in lemons. (How do you like their attempt to make lemonade of their complete failure overall - 'its asia, not us'.)

Clark

PS It shouldn't be surprising that you see in the Ericsson 'compromise' a hint of their legal situation and I see a hint of their technical situation. We're just showing our stripes. The only comment I can make is that they will almost certainly have to change their chip rate regardless of legal matters. As to what is really the proximate cause of the 'compromise', who really knows?
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