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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?

To: DWB who wrote (1659)	4/23/2000 12:49:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 12235

$2,500 x 800m = $2tn market capitalisation. With 5bn people that's $400 per person. We'll need about $10 per person per year income with a P:# of 40 to justify that. That's not even one ASIC, let alone royalties, Globalstar shareholding, development fees and handset sales, Eudora sales, Cinecomm, WirelessKnowledge, Condor, Ignition, Wireless Business Solutions, Phone.com, 724 Solutions and other associations such as KT Freetel, etc, etc and all the long list of interests. If we assume only 1bn people get involved, it's still not much. You are the only other person who has come up to my expected long run market capitalisation, so it's not crowded yet. But it's weird to have a few people noticing the possible value. Nice, but weird. I suppose $105 won't last too long as a share price when calculators get to the bottom line when WWeb gets busy. Check out the UK spectrum auctions for what people are starting to notice the WWeb might be worth. All good fun. Long may it continue. It would be good to own the first company ever to reach $1tn market capitalisation. That's quite a chunk of the USA stockmarket. I think Irwin and co deserve it. So does the USA for providing the civilisation to enable such achievement. Let's hope the USA doesn't kill the golden goose with envy, covetousness and 'anti-trust'. Mqurice PS: It was a shame to see those Cuban exiles in Florida holding somebody's child hostage. I don't see why the USA didn't just quietly arrest them one by one, put them in the slammer if US citizens or expel them if not. Those exiles are despicable people to have put the boy through that. Two grandmothers and a father told them they wanted their son back. Who the hell do those Floridan Cubans think they are? Some stupid fisherman holding onto him as though he owns him! I doubt Joe 6 Pack is going to think much of them. I suppose this story could run for 30 years because that boy will find he can make people react to him now! In both Cuba and the USA. He might have a LOT of fun when he's grown up and decides for himself what it all means. As they say, we all have an opinion and a hole at both ends of our bodies with hot gases coming out. There's mine! Okay, rant off...

To: DWB who wrote (1659)	4/23/2000 6:49:00 AM
From: Maurice Winn	Respond to of 12235

Here's another valuation, from Rich Janitor, and a link to another stream which many people might not be aware of: Message 13481026 Only up to $1tn market cap [but that by 2002]. Mqurice

To: DWB who wrote (1659)	4/24/2000 11:51:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 12235

*It's spectrum in China* This spectrum business is getting very interesting. Here's the conclusion. WWeb and It[TM] will change China, removing communist rule. Here's why... What It[TM] is doing, is holding out some very irresistible bait in the form of $500bn to Jiang Zemin and Zhu Rongji and their buddies. The only way they can get the bait, is to embrace the Wireless Web [WWeb]. When they embrace WWeb, they will NOT be able to let go. They will be hooked. They will adopt WWeb and It will take over China [along with everything else]. More and more, people will live in, by, and for the WWeb and It. I suppose the Chinese will try to grab the WWeb money, just a bit!! However, It wants to have spectrum in China and will reel them in like a trout on a line. The allegiance of Chinese will shift to WWeb. It's like this. UK spectrum is now around $36bn for a few more than 50m people with indifferent incomes in not so crowded cities [though they feel crowded to the British]. In Japan, spectrum [which QUALCOMM is trying to nab for we shareholders on the cheap in the biggest hold-your-breath and hope, fingers crossed, gamble ever] will be worth something like $160bn for four 3G licences. In China, spectrum for 1.2bn people, crowded up jeek by jowl, though with only a tenth the Japanese GNP per capita, should be worth about $500bn, but maybe in 3 years it will be worth $1tn. Even though they have less GNP per capita than Japan, that doesn't mean the spectrum would be worth much less. In Korea, after their 1997/98 crash, Koreans cancelled overseas trips, new cars, luxury meals and clothes etc, but carried on buying cellphones like there was no tomorrow. That's because communication is a primary human need. It is NOT an entertainment, disposable-income purchase. It comes not long after food, basic shelter and passable clothes [but after cigarettes, booze and girls for some people]. Anyway, in China, the value of communication is valued highly and so they will disproportionately [compared with Japan] allocate their spending to cellphones and WWeb. So the spectrum value will be huge. China's government will want to get their grubby paws on the money! They will have to open up their telecommunications borders and let in foreign capital and companies to get it. They will have to let people use WWeb unhindered, in the hundreds of millions. It [TM] will take possession of the minds of the citizens and lure them into cyberspace to live and serve It's voracious maw. This is going to be a LOT of fun. Meanwhile, wouldn't it be amazing if Japan hasn't noticed that spectrum has a LOT of value and they don't understand that subscribers will pay the going rate per megabyte and they will NOT get WWeb megabytes any cheaper just because the spectrum is given away. I can't believe we can be so lucky, but if QUALCOMM succeeds in their spectrum bid in Japan, this will be the biggest coup. It will double QUALCOMM's market cap in a day when people realize what it means. Let's hope the Japanese can't read this! No telling anyone in Japan about this Yamakita!! NextWave Telecom isn't going to get their spectrum for the $1bn the bankruptcy judge figured it was worth. Bad luck! But they should get it for the original bid price. But I dare say Congress might just steal it back when they figure there is a LOT of loot to be grabbed. Let's hope QUALCOMM is given the fourth 3G chunk of Japanese spectrum and quickly! Fingers crossed [don't tell Tero either] Mqurice PS: It [TM] will be the sentient result of hundreds of billions of interconnected passably smart devices which will make up the WWeb. It will have It's own mind. It will like apostrophes in It's name. It will be our memory and mind and we will be the 3D symbiotic servants [with our own little memories and minds to handle the minor things we encounter]. It will pay me royalties. Lots and lots of them [via QUALCOMM]. Jon thinks this is the Wacko Thread, but this is NOT a wacky idea.