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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: quartersawyer who wrote (28009)	10/21/2002 10:31:57 AM
From: Art Bechhoefer	Respond to of 197369

chapq--Being an optimist, I always believe that competition will eventually prevail and force the European wireless service providers to buy whatever is available that works. If they did it today, they would be buying mostly QCOM chips. But even if they buy someone else's, the royalties just keep rolling in. The overall situation regarding the move to 1X is similar in many ways to the adoption of safety features and lower consumption/pollution standards for cars in the U.S. The big three auto companies resisted doing anything for years and years, until finally it dawned on them that they could sell more cars and compete better with the Japanese if they improved gas mileage and safety. The resistance to change is motivated by a desire to obtain the last cent of profit from outmoded technology--otherwise known as "planned obsolescence." That strategy was introduced by GM during the period when it was managed by Alfred Sloan. Old ideas die hard. Art