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


To: Eric L who wrote (64435)6/4/2007 2:55:24 PM
From: peterk  Respond to of 197443
 
Gee, really Eric. Thanks to good 'ol Ruffian. And here I thought you were the fountain of information when it came to Nokia. Sorry I was mistaken.



To: Eric L who wrote (64435)6/4/2007 3:56:33 PM
From: Maurice Winn  Respond to of 197443
 
No wonder Nokia did well with Jorma running the place. He did very very well for many years.

Their VW-40 strategy was brilliant and has made them one of the world's great fortunes with QUALCOMM still under pressure on royalties for W-CDMA and no let up in sight, with the EU yet to start putting the boot in and China having a go with a similar idea in TD-SCDMA which, as L M Ericsson invented CDMA in the 1890s, China invented in the Ming dynasty [meaning no royalties will be due to QUALCOMM, or if some tiny amount of royalty is due, it will be nearer 0% than 1%.

For a large company's bosses to even understand that there are internal truths which are mere fantasies in the corporate mind, unrelated to objective reality, is good going. When large companies [and countries] get silly ideas swirling in their minds, it is so pervasive and mutual interdependence is so high that anyone opposing the fantasies becomes like a foreign body needing elimination. Such as Colin Powell who in the end caved in and presented total garbage to the UN because he was a loyal soldier. What the internal fantasy said, became the reality.

Until it met real reality.

Same with Nokia and Ericsson and indeed, "no downside" QUALCOMM which is being whacked around the legal system like a rag doll.

The aura of saintliness has slipped. Ericsson met real reality and went nearly to zero after the biotelecosmictechdot.com bust.

Mqurice