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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%3:59 PM EST

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To: waverider who wrote (26817)4/12/1999 5:47:00 PM
From: Maurice Winn  Read Replies (2) of 152472
 
*Big Selloff of Q! Eudoracoin, IP, ID, Phone numbers* Wow, another 4 million shares sold today. How come so many people are wanting to get out of Qualcomm? Even though there was such a big selloff, the price shot to a new all time high of $161.

Meanwhile there is a large amount of internet fraud and although only a tiny proportion of transactions are internet, half the complaints and problems are internet. Mighty Q! had better hurry and get the encrypted Eudoracoin and Q!Bank out to the WWeb in a big hurry. People need it badly. This will be a $$$multibillion profit stream.

theregister.co.uk
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...Internet fraud is on the increase and could severely impede the development of e-commerce unless action is taken to stamp it out, according to a report in the Financial Times.

If left unchecked, the already fragile consumer confidence in e-commerce could disintegrate even before this much-heralded business revolution has even had time to get going.

Visa has said that despite the fact that Internet transactions account for only one per cent of its £463 billion turnover in the European Union, nearly half of all disputes are Net related....
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Also, IP [Internet Protocol] is expected to grow phenomenally. Q! is perfectly place to provide all the WWeb side of it. See the article in TheRegister.

See:
theregister.co.uk
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...The European IP telephony market is set to generate $13.76 billion by 2005 -- up from $246.8 million today -- as the cost of the technology falls and the quality of the service improves.

Consulting company Frost & Sullivan, which has published The European Market for IP Telephony believes the massive jump in revenue will arise because IP telephony will help cut communications costs for business.

"By integrating all communications traffic over a single connection, a company reduces multiple connectivity charges and eliminates per-minute charges on intra-company phone calls and faxes," said Mitul Mehta, IT Research Manager at Frost & Sullivan...
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No more having to mess around with phone numbers. Just use people's email address for all communications. Easy to remember. Just use voicedial and voice control. Q! has done a lot on voice with PureVoice so will easily be able to include voice as an absolutely accurate personal identification system. No more PIN needed or multiple passwords. It's impossible to fake a voice sufficiently to fool PureVoice.

Sure, you could use your iris with a built-in digital camera on your WWeb device to identify yourself, but so much easier to just say to your Anita [TM] "Hay, howse about youse ship Q3 [Ed: US$0.03 until Q! currency is established] over to Maurice@Eudoramail.com". Hey Presto, my Q!Bank account will rise by Q3 a second later. Guaranteed, no ifs, buts or maybes. No transaction cost, no exchange rate losses, no bank fees, no messing around with ABA numbers or SWIFT and phoning 5 times to see if money has arrived.

Mqurice

200/2/2000 [and who thought that looked silly when they first saw it?]

Tero's article about China was really good, apart from his conclusion that GSM will continue and take over China. Zhu is making Clinton and Co look silly. He is certainly the consummate politician, while the USA shoots itself in the foot. Clinton seems as complicitous as the Congress members in the obtuse USA approach to China trade. Well done Clinton - you've put trillions of $$$ of CDMA trade at risk to pander to a pack of pig and sheep farmers, antiquated industrial revolution steel and textile whiners. I guess the third world Pennsylvania hillbilly vote matters.

Fortunately, with Q! brilliant licensing strategy, Ericy, Samsung, NEC etc will still sell cdmaOne in China and MightyQ! will collect royalties. The USA can't ruin Q! without really working at it. Our Pal Al has at least got CDMA on the radar screens of Zhu, Bill and Congress. Not to mention the Chinese.

For those worrying about ASIC competition, it seems a good price test to have only about 60% of the market. If you have 100%, you are too cheap. If only 20%, then too dear. Q! is doing it just right. As usual. It will keep Janet Reno and the foaming anti-monopolists off our backs when they've finished their envious and jealous attacks on $ill Gates.

@950
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