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To: kech who wrote (128860)	5/9/2003 1:44:40 PM
From: verdad	Respond to of 152472

There were probably a number of reasons why divisions were sold and LEAP was created. Indemnification is one, profit is another...as investors, though, it is probably important not to get too tied up in sentimental reasons to 'value' a company, its management or the decisions they made... Message 18926113 Didn't Sprint take a bath on the 'Pioneer Plan' they originally offered for CDMA? People bought 2, 3 and 4 handsets but simply stashed them away for emergency use (the things were offered so damned cheap!) but didn't generate any revenue. It may have been a lesson learned that Verizon later applied to the launch of Globalstar in the U.S.; hence people paid FULL PRICE for Globalstar phones and the service provider didn't take a bath...but the service failed miserably. Good thing Sprint was eventually a believer in CDMA the first time around!

To: kech who wrote (128860)	5/9/2003 2:19:24 PM
From: Eric L	Read Replies (2) \| Respond to of 152472

George F. Schmitt \| GSM = "God Send Mobiles" Tom, << By the way, there was this guy at Sprint named Schmidt who wanted to get them to use GSM instead of CDMA. >> I sure don't recall any major players favoring GSM at either Sprint, APC, or WirelessCo, named "Schmidt." I suspect you are talking about George F. Schmitt out of AirTouch and PrimeCo in Walnut Creek, by way of Mannesmann Mobilfunk. George resigned as PrimeCo head almost immediately after the CDMA decision was reached, and almost immediately became CEO of Omnipoint in Wayne, NJ. - Eric -