To: elmatador who wrote (10638 ) 3/9/2001 7:50:14 PM From: Maurice Winn Read Replies (1) | Respond to of 12823 <To:puzzlecraft who wrote (95071) From: elmatador Friday, Mar 2, 2001 2:48 AM View Replies (2) | Respond to of 95550 Qualcomm chief's swallow his words: Typical shoot in the foot! Qualcomm chief allays wireless fears By Ben Charny Special to CNET News.com February 28, 2001, 12:05 p.m. PT Qualcomm CEO Irwin Jacobs tried to calm concerned investors Wednesday, expanding his comments on the state of new wireless upgrades. During the company's annual shareholders meeting, Jacobs told a gathering of analysts that recent reports of comments he made concerning so-called 3G next-generation wireless technology got it wrong. He said he's only "concerned" that European mobile phone operators developing systems on Qualcomm's W-CDMA standard may not be able to start selling them until next year, and not in volume until late 2004 or early 2005. The Financial Times last week quoted Jacobs as saying he "expected" a delay in the release of next-generation phones. > El M, I usually ignore your posts and that one is another example of why I do that. However, I will make an exception this time [the title of your post drew my attention]. I came to this thread because I noticed that post number 10666 was written by Frank and any exponent of conspiracy and mystical theory should be in awe of such a number. 1066 being something to do with a big war in Britain. 666 needing no explanation. Those are in conjunction with 12 March as the next trading day [which is a personally mystical date]. I wanted to see what Frank had written in such an omenous post. It is NOT Irving, it is Irwin but I presume you are making some joke which I and I suspect others will fail to get. Also, he did NOT shoot himself in the foot, which is also used incorrectly. Shooting oneself in the foot was originally when one wished to avoid continued service at the front so one took a minor self-inflicted wound to escape further service. It's been incorrectly used in recent years to mean making a mistake or perhaps being 'hoist by his own petard'. While moaning about misuse, George Bush showed confusion about transparency and visibility. Visibility means 'can be seen'. Transparency means 'not seen' by users. George Bush was talking about Chinese politics. He was probably confused by the idea of people being 'transparent' meaning their motives are easily seen despite attempts at concealment. Anyway, I listened to all Irwin said and it is correct to say that the media got it wrong. The most essential point was that it was a shot across the bows of Nokia and the equivalent of putting a knight on the wall [as per Bobby Fisher in his prime] or being 'on the ropes' [as per Muhammed Ali in his 'rope-a-dope']. Nokia quickly came rushing out and said they WOULD have W-CDMA ready next year. Nokia knew that what would happen was that cdma2000 would come crashing through fortress GSM if people doubted W-CDMA [VW-40] would be delayed until 2004 or 2005. They know that GPRS is in the crap [to use the technical term]. The GSM Guild and VW-40 proponents are in disarray. 1xEV and cdma2000 are coming in to give a King Hit followed by Checkmate. Irwin did NOT swallow his words. He spelled it out clearly for those who wished to hear or were capable of understanding. Many remain in ignorance despite his elaborations. I guess you are included among the preferentially deaf because you couldn't possibly be among the ignorant after the laborious explanation and translation for those confused about the wireless Internet acronym jungle. Anyway, I just stopped by briefly because of 10666 and 666 and 12 March and the big IT down on the Nasdaq 5000 all-time high annual celebration and shall now disappear back into cyberspace. Don't bet against IT or The Fed. Infotech is as rampant as ever and accelerating. The Fed has said there is NOT going to be a recession and they are well under control. They can roll interest rates all the way down to 1% if they want to. Don't bet against either of those. Dumping IT and betting on a recession are bad moves. Alan Green$pan is NOT targeting stockmarkets. He is targeting keeping the wealth effect under control and the monetary system stable and the value of the dollar stable and holding the world's economic system intact. I doubt that many people are worried about the wealth effect these days. The poor effect is more common now. Therefore, they should assume that rising stockmarkets as interest rates are reduced will not automatically draw the ire of Alan. Only if the wealth effect reappears would it do so. It would take more than a 50% revival of the Nasdaq to generate any kind of wealth effect. Meanwhile, last mile technologies will rage on ahead, unimpeded, as happened in the great Asian Contagion and Korean meltdown when CDMA didn't miss a beat, despite panic by many. Infotech is weightless technology which 3D economics doesn't affect too much. Oil being expensive doesn't hurt cyberspace [it helps it by making it more competitive]. Mqurice