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

To: Cooters who wrote (112036)	2/1/2002 7:41:31 PM
From: pcstel	Read Replies (1) \| Respond to of 152472

On Friday, NextWave said the justices should not hear the case because the appeals court ruling properly interpreted bankruptcy law, the decision did not conflict with other decisions and the FCC will not likely face the situation again since it no longer allows installment payments. How IRONIC! They now claim that that the FCC will not face the situation again since it no longer allows installment payments. And the reason the FCC no longer allows installment payments is because a group that committed violated Federal Laws by lying on their license applications about Foreign Ownership Percentages, and therefore were not even qualified to bid. Decided that they did not have to pay what they promised to pay. And filed for Bankruptcy protection. Which left the FCC with no option but to withdraw installment payment options, which were created to help small business create a competitive environment in our telecommunicaitons industries. Now, the Company has the gall to sit back and tell the Supreme Court . "Hey, Since the don't accept installment payments anymore. There is nothing to worry about! Just give us the licenses we violated Federal Law to bid on, and then, we didn't pay for! ". PCSTEL