Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Gus who wrote (6043)	7/2/2000 9:26:25 PM
From: q_long	Read Replies (2) \| Respond to of 34857

Funny how many times this article mentions "rake receiver" and "soft handoff" in a description of WCDMA. Both Soft handoff and rake reciever are essential QCOM patents.

To: Gus who wrote (6043)	7/4/2000 5:58:02 AM
From: Maurice Winn	Respond to of 34857

<Lastly, your attempt to correlate the cost of spectrum with the cost of royalties is curious, to say the least. It is now clear that there will be countries that will adopt the auction method (USA, UK, Germany, etc) while others will adopt the beauty contest method (Japan, France, China, etc), where spectrum is allocated to the fittest. You're not suggesting that there is only one way to allocate spectrum, are you?> Of course spectrum could be allocated by duels, coin toss, short straws, bribes, beauty contests, auction or any other method. There is a best way for economic success and that is by way of auction. Gus, you can't be serious that spectrum prices aren't directly proportional to royalty charges. Spectrum bid = expected revenue - costs + profits. Costs includes royalties. Surely you understand that spectrum doesn't have a cost - it takes zero human effort for the government to "produce" spectrum [other than the paperwork or Web work to organize the auction]. It has value which is determined by shortage. Maybe this seems like playing with words, but I'm sure you can understand that the amount somebody bids for spectrum depends on the cost of supplying the service which uses that spectrum. One of the costs is royalties. If the royalties or other costs are cheaper, the spectrum price will be higher. If a bidder can cut their costs somehow, they can increase their bid and the prospect of collecting the revenues. The point is, Nokia is in BIG trouble if they don't get an agreement to use Q! technology for 3G and soon! You can read the Q! Moderated Thread for why. In summary, Q! has every reason to raise royalty rates for 3G by an order of magnitude or two. Maurice PS: I can't see what you are trying to prove by repeating quotes from 1991. Maybe you are trying to show that Irwin Jacobs is not infallible, was overly hopeful about how long it would be before a commercial network would be built, or that he couldn't predict from some theoretical calculations what would be possible in real systems a decade later - bearing in mind that at the time, his theoretical calculations breached the laws of physics so some difficulty could be expected. Okay, Irwin is only a human after all. So what? To me it makes his achievements all the more impressive.