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


To: ggamer who wrote (8519)3/13/2001 3:12:53 PM
From: Art Bechhoefer  Respond to of 197271
 
NO WAY! Even if it were possible to buy the whole company at $200 per share, this is more a question of ego. Here you have one of the most glamorous European companies, a really bright star, and you think they would admit defeat of GSM by buying CDMA technology? Look at the record. They try every known method of persuading potential service providers and users to avoid even touching anything with CDMA. They try to convince you that eventually when they convert to WCDMA, they won't have to pay any royalties because the system is too different from the QCOM CDMA patents. They try everything to sell you on the idea you don't need all that fast data access, all the clear sound, etc., etc. Do you think they would really admit defeat and make an offer to buy the company? It used to be a question of technology. But now it's a question of ego and the inability of the owner of the old, antiquated technology to respond in a rational manner to the inevitable.

It's the same mentality that prevents AT&T from upgrading to CDMA--the idea that if they did, they would be admitting they made a big mistake choosing TDMA in the mid-90's.

Art