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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: Gregg Powers who wrote (20198)	12/21/1998 7:01:00 PM
From: Maurice Winn	Read Replies (1) of 152472

Now that NTT and co have decided as service providers that they want a single standard, could we take that as meaning "The market has decided"? Remember not very long ago, the GSM North Americans and Ericy and others, including those two silly professors, were all chanting, "Let the market decide!" Now that "The Market" has decided, what say they? I wasn't quite sure what "let the market decide" meant. There isn't any voting procedure to let markets decide anything. People make stuff and people buy stuff. Q! is making cdmaOne stuff. So are their licensees. Ericy is making GSM stuff. If it meant each company uses their IP any way they like and competes without any government restriction, with full trading rights on spectrum so it could be bought and sold, divided into smaller pieces or combined into bigger at the market price determined by willing buyers and sellers, not governments, then that would be fine. But that isn't what was meant. Anyway, whatever the definition, it sounds as though 'the market' is leaning in a particular direction. Let's see if Ericy cheer for the market deciding on a SINGLE CDMA standard. Mqurice

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