Hey!!! engineer, Mq and Su in a good, old fashioned techno-analysis of CDMA 2000 vs. W-CDMA, this is beginning to smell like 97-through early '99 again. Bravo, engineer--I have printed out your treatise for future reference, smacking of your salad days w/ W. Houston, pheilman, etc. By the way, I caught something on this or another thread that, maybe Phillipps or one of the other European electronics houses was going to begin charging royalties for its turbo coding technology (apparently used royalty free up to now). Does that impact Q's chips and current coding at all?
Well, Mq you were good at getting oil out of the ground at BP, but the SP's seem steadfastly to refuse to adopt your dynamic pricing models. Who will ever know the outcome if they had? Meanwhile G* struggles along in corporate, securities and market segment limbo (is it voice, is it data, is it aircraft carrier, is it governmental?) before its pre-packaged BK plan comes into being.
Mexico: I used to do a LOT of work down there. Sprint promised functional integration with Pegaso's network back in 1999, or so. Afaik, still hasn't come into being. It would work big time, as there is huge-cross border commercial traffic (all kinds!) throughout TX, NM, AZ and CA. But $700,000,000. That's a lot of retained earnings to pour into one carrier where you have three other CDMA carriers vying to divide up 19 million users more or less concentrated in Mexico City, Monterry, Guadalajara and the border towns Nuevo Laredo, Victoria, Tijuana and Ciudad Juarez . Not sure about the economics or competitive strategy of trying to fortify one of your adoptees of CDMA 2000 as versus three others. Q's business plan has tended to emphasize more and more the seeding of its carrier technology adopters. Risky business, here, and I tend to share some of pcstel's concerns. If we think that the US is in recession, doubly so for Mexico and other Latin economies that are, by and large, heavily dependent on the economy of the Gringo colossus to the North. We better hope that this recession is not very steep and very long-lived, or Q may be waiting in a variety of long check-out lines at the bankrupcty court counters, for more than just G*. Q has not, by and large, been able to couple its investees with effective marketers. And we know just how far effective marketing can take inferior or non-existent technology, viz. AWE and NOK.
Any one shorting NOK here?
Speaking of accounting for some of these questions (who was, anyway?), the SEC issued a release this week strongly urging public companies to become more transparent in explaining their critical accounting policies to investors, in language that can be understood. This, of course, comes on the heels of the mind-boggling collapse of ENE. The president of Arthur Andersen, ENE's independent auditors, testified this week before a Congressional committee investigating the collapse and had some very interesting things to say. And, ENE's recently dismissed CFO refused to appear for deposition at the SEC, and the agency has requested issuance of a subpoena compelling his appearance. I know that most on this board are not interested in, and do not much care about, this stuff, but the confidence in the US capital markets, and therefore willingness to support stock prices at historic levels, depends greatly on the willingness of investors to accept the integrity and soundness of financial disclosures made by public companies. If a psychological wave of doubt is created by more ENE's, look out.
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