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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: pcstel who wrote (107035)	10/15/2001 9:31:08 PM
From: surfbaron	Read Replies (1) \| Respond to of 152472

<<<<"This is a company that is nothing more than a law office with an antenna on the roof, and their main asset is litigation," says Gerald Faulhaber, a professor of business and public policy at the Wharton School of Business who was the FCC's chief economist until this summer. >> It's about time the likes of the ACLU and the NAALCP have some competition.

To: pcstel who wrote (107035)	10/15/2001 9:54:17 PM
From: gdichaz	Respond to of 152472

If these quotes in the AP story are accurate, they go a long way to explaining the balance, objectivity and even-handedness that NextWave faced at the old FCC - not. (Of course this was just the previous chairman and his chief economist.) Best. Chaz

To: pcstel who wrote (107035)	10/16/2001 8:14:41 AM
From: LarsA	Read Replies (2) \| Respond to of 152472

"The real losers here are the American people" - really! Here is another example of the same phenomena: washingtonpost.com "Many of the broadcasters on the 60 to 69 band, calling themselves the Spectrum Clearing Alliance and led by Paxson Communications, have been lobbying the FCC to let them negotiate their own deals with wireless companies. In short, a portion of the most precious public asset of the information age…the electromagnetic spectrum…is the captive of licensees who want a payoff to set free something they got for nothing in the first place. And due to congressional inaction and the pressing need to find enough frequencies for the wireless industry, the FCC seems all too willing to oblige. At a time when the federal government is borrowing from the Social Security trust funds, it is a costly mistake for the government to share the billions of dollars in revenue that it usually receives from the public auction of such frequencies."

To: pcstel who wrote (107035)	10/16/2001 10:24:31 AM
From: Pierre	Read Replies (1) \| Respond to of 152472

pcstel: Do you have enough information on today's news wrt Nextwave proposed settlement to ascertain whether they will retain spectrum useful to LWIN? TIA. Pierre

To: pcstel who wrote (107035)	10/16/2001 10:52:53 AM
From: Getch	Read Replies (1) \| Respond to of 152472

pcstel, What would be QCOM share of the proposed $5 Billion profit for NextWave? I remember 6% from somewhere. That would be a tidy $300 Million, or almost $.40/share on an investment that Q has already written off. You have been the leading critic here of QCOM financial reporting, what is your guess on how this gain will be reported? How should it be?