To: Maurice Winn who wrote (76 ) 8/16/2002 9:33:34 PM From: Maurice Winn Read Replies (1) | Respond to of 258 Oh Zomby, you poor thing. Of course you should get your money back. How on earth could you have known that bidding $100 billion for spectrum for a dud technology was not a good thing to do? As that investigative genius <Matthew Lynn is a columnist for Bloomberg News. The opinions expressed are his own. > went on to write: <...Two things should happen now. One, those telecom executives still too puffed up with pride to admit the extent of the mess they have walked into should admit defeat and cancel their plans to build any more networks. Two, they should start hollering at European governments to give them their money back. The point about 3G is that this is a disaster mostly of government making .... > Well, it's true that King Hagfish Ericy, sidekick Nokia, D'oh!CoMo and the GSM Guild, put you crook too, with all sorts of absurd claims about what they could do, but really, it's the governments' fault and you should holler and whine like a fleet of American investors in Biotelecosmictechdot.com, who blame Uncle Al, KBE, for their loss. Those 'investors' whine so loudly that they could keep the whole fleet of American 747 airlines in the sky despite the lack of passengers due to the security and hassle and gone-nuts authorities and air-crew bun runners who make air travel unpleasant. You are losing more money than they are! Good grief, $100 billion is real money, even for big shots like you. You ought to holler and whine and screech and moan. Heck, look at your share price: siliconinvestor.com That is not a happy sight. But cheer up, look at King Hagfish's siliconinvestor.com That's a really bleak picture. Without their flash new W-CDMA to sell, they seem to be in real trouble. Our great reviewer goes on to show how badly you've been treated: <True, companies could have declined to bid for licenses, but that was hard when they would otherwise go to new rivals and when their shareholders were begging them to expand. The point of good government is not to fleece huge sums of money from foolish, over- optimistic companies (we have investment banks to do that.) Good governments try to stop people or companies from acting stupidly. It is certainly not to destroy whole industries with ruinous and misconceived taxes .... > As he writes, you should be protected against that big hole in your head which made you into a Mindless burping Zombie. They should have an auction and tell you how much to bid. Yes, I know taxes are usually compulsory and you don't normally bid higher and higher amounts of tax to stop other companies paying more than you, but you couldn't help yourself. When you saw the advertisement "Auction to see who wants to pay the most tax", you just had to start bidding. I offer Mindless Zombie counselling for a moderate fee, [only $1 million per megabyte, which is a great bargain - heck, you could get 100,000 megabytes of counselling for the same cost as your winning bids for the highest tax payment - what a bargain]. Meanwhile, take deep breaths and then holler and whine like crazy - stamping feet is good too. That should get the citizens to feel sorry for you and your lack of understanding about how to run a big phone company. Mqurice