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


To: Ramsey Su who wrote (12144)6/27/2001 12:04:21 PM
From: Andrew N. Cothran  Respond to of 196844
 
Ramsey:

Is your post an indication that clear thinking and rationality, not to mention fair mindedness, has returned to the thread?

I think so.

Will Maurice post regardless of your temporary injunction?
I think so.



To: Ramsey Su who wrote (12144)6/27/2001 12:37:13 PM
From: carranza2  Respond to of 196844
 
If for whatever strange logic that FCC gives some "going away" money to nextwave, then indeed the taxpayers are screwed.

As I see it, the DC Circuit held that the FCC couldn't ignore Section 525 of the Bankruptcy Code, which prohibits the government from cancelling a bankrupt's licenses because of non-payment. Simple as that.

Why should NextWave be content with a "going away" present in view of the decision? It is entitled to pay for the spectrum and use it as it sees fit.

If I were NextWave, I wouldn't settle the case, especially now that it can pay under the terms of the original sale. No way would I settle for chump change.

Whatever liabilities that the FCC may have to the "buyers" of NextWave's spectrum is the FCC's problem, not NextWave's.



To: Ramsey Su who wrote (12144)6/27/2001 1:06:43 PM
From: Rono  Read Replies (1) | Respond to of 196844
 
Hi Ramsey,

<What is good for the people is for the FCC is stop this nonsense now. Give Nextwave back their spectrum. Give
the bidders back their deposits, which are probably held in escrow accounts vs general funds.


I agree, it's time to put this fiasco behind us. Let NextWave reap the billions of taxpayers dollars and move on. Blame it on the government for being so...... governmental. Hopefully the FCC will no longer attempt to spoonfeed small business and "minorities" where they have little opportunity to actually contribute to public good. Let the big boys fight it out in good old fashion American capitalism.

Give NextWave their billions so Tom Brokaw has another "fleecing of America" story.

BTW, please tell me you are not serious about NextWave actually building a network. You actually believe the bull NextWave is feeding?

P.S. Congrats to JGoren who called this right from day one.

Ron