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


To: A.J. Mullen who wrote (93449)7/22/2010 12:01:30 PM
From: slacker711  Respond to of 196650
 
We'll realize the value when it's sold.

Also, we dont actually know the current value. It might be substantially higher if it can be used for some form of LTE or lower if it stuck as spectrum for mobileTV. The price they quoted was in an auction where Qualcomm was one of the primary bidders. That isnt exactly an independent valuation of the spectrum.

Slacker



To: A.J. Mullen who wrote (93449)7/22/2010 12:02:39 PM
From: DanD  Read Replies (3) | Respond to of 196650
 

It's value hasn't increased to us. It's costing us money through Flo. We'll realize the value when it's sold.


It's on the books as an asset? What is the difference if it is cash or not?

I'm cool with selling it as the incentive to dump FLO. But if you ask me, spectrum is likely to increase in value, they ain't making too much more of it.

I hope Q repeats this aspect of the FLO "debacle" over and over again (sans FLO), around the world as spectrum becomes available.

Why wouldn't buying up and renting spectrum could turn out to be a huge money maker?

Nokia just announced a bid to build a $7 billion data network in the US. How many providers around the world have that kind of start up capital?

Dan D.