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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JohnG who wrote (37039)	7/23/1999 3:43:00 PM
From: marginmike	Respond to of 152472

Maybe they get spectrum to set up a 3g test area in a major City to sell CDMA2000. Could use the MILLION and JV with LWIN

To: JohnG who wrote (37039)	7/23/1999 3:43:00 PM
From: Wyätt Gwyön	Respond to of 152472

Re: spectrum license, the PR said they are not going to try to get Miami, which Sprint has (why fight your customer), and they wanted Phoenix but that's no longer available either. Will be interesting to see what they come up with. I don't see that they could do anything BUT sell it unless they want to get back into ops (doubtful). BWDIK Greg

To: JohnG who wrote (37039)	7/23/1999 4:55:00 PM
From: JGoren	Respond to of 152472

I don't know enough about the restrictions--whether Qcom could sell the spectrum. A jv with Leap might raise the whole FCC conditions problem again regarding Leap's just-approved bids. If Qcom is allowed to transfer the license now that things have changed so much while 7 years of litigation paraded by, trying to be creative there might be an exchange of spectrum that Qcom can use for its business or in exchange for not paying for spectrum time for OmniTracs or CarTracs. Perhaps there is a completely different kind of pioneer spectrum that could be awarded that Qcom can use. The technical folks may have some ideas whether this might be an option. The fact is a lot of things would have been different if the FCC hadn't been arbitrary and capricious and litigated this so long: the pioneer spectrum would have gone to Leap; and, since Qcom would have had an existing, operating carrier business, the spinoff would likely have been tax free to us shareholders.