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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: John Biddle who wrote (4954)11/26/2000 8:42:41 PM
From: quidditch  Read Replies (2) | Respond to of 197016
 
John, point taken re. critical thinking. And I qualified the post by stating that, in effect, we are speculating here, of necessity.

But, consider that:

1. Earlier this year, NOK and ERICY were in Seoul talking with the Ministry of Communications, talking up WCDMA, its advantages, its alleged royalty efficiency over CDMA2000;

2. DoCoMo has been dangling billions of dollars of foreign investment carrots to various carriers around the world, including in Korea, in proslytizing i-mode and WCDMA;

3. In the PR war, the three Korean mobile carriers have professed the preference for WCDMA for new (3G) spectrum, for which they may have valid hedging reasons; and

4. Now comes ERICY, which in joining the Hanaro consortium gives it some sorely needed legitimacy it might not otherwise have had, further putting the heat on SK to cave to the Ministry's demand that at least one bidder opt for CDMA2000, lest one of the big three be left out of an award.

I think that's noteworthy. And: ERICY has consistently been ready to sell anything to anyone, ostensibly trying to stay technically neutral. In terms of "kid[ing] yourself", I think you'd be hard-pressed to find anyone on this or the Buy Range board in the six or nine months after the infra sale closed willing to vouch that ERICY was technically neutral, as its public statements consistently tilted to the traditional European formulary to maintain the status quo as long as possible. In Latin America, they had been bidding to sell GSM systems to new carriers in what were rapidly becoming CDMAOne and IS-95 regions. To shed the WCDMA/UMTS cloak represents a step forward where the local politics was not rewarding those who are on the other side of that battle.

Steve