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

To: Art Bechhoefer who wrote (121952)	7/22/2002 7:41:25 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

Art, why should Wcom creditors subsidize creditors of those other companies who would not enjoy a price war? <I doubt that a court would be very sympathetic to price cutting that would run other smaller, better managed companies out of business. > If creditors can maximize their financial recovery by way of a price war, that's all to the good. If the bankruptcy court becomes a Kremlin Central Planning Authority for pricing and allocation of resources, the comparison with the old-style USSR becomes uncomfortably true. A price war is what is needed. Let's go! Those who can't face it, get out of the way. Subscribers will have a lot of fun and will finally get the phone pricing that should have been enjoyed years ago. Mqurice