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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: dougjn who wrote (11200)	6/5/1998 7:58:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

New Zealand tariffs, quotas and other import restrictions are lower than USA. There are still booze, cigarette duties. But those are as payable on locally produced as imported products. Same on fuels. There are legislated monopolies like the Apple and Pear Marketing Board which have the counterproductive effect of keeping our export prices high! There are quotas allowed by the anti-free trade US for import from NZ. But no sweat, if USA prefers to pay too much for locally produced meat, cheese etc, then no skin off our nose. We just sell elsewhere. People don't understand that refusing to import something is a more a problem for the country doing the importing rather than the one wanting to export. Unless, like Iraq, you have the whole world refusing to deal with you. Anyway, the point is the USA and Europe are impure on trade. The congresspeople happily admitted their ignorance on the argument. The Texan one was suggested to be playing pork barrel politics. J---- R--- dislikes creative, rich, big business with monopolies and is out to destroy them. Bad luck for the USA. NOW do you see the reason for my Microsoft concerns for months? If the USA doesn't back Qualcomm up totally on this one, it is a bad day for globalisation, prosperity and increasing stockmarkets. I for one will bail out of USA investments, buy a gun and a bunker. Incidentally, I sold Techniclone yesterday. See TCLN thread for reasons. Qualcomm is on a total winner. Ericsson's position has worsened since I revelled in their failed negotiation 18 months ago - Oct 96. I bet they wish they'd got the licence then. Tero, Qualcomm is absolutely right to invent and build a telephone system. It is really not that big a deal. They established joint ventures and licensing for things they can't produce themselves economically - such as Unwired Planet, Palm Pilot etc etc etc. Why should the cdmaOne IPR be sold cheaper than IS95? I see no reason. The technology is now proven, rampant, all want it, demand is huge, Qualcomm is rock solid on the technical front with 10000+ excellent people to support it. There is installed infrastructure around the world. They are rolling on cdma2000 with Lucent and co. So years before the Ericsson model will be ready, it will be fait accompli. The bit rate for cdma2000 will be high, so they should base their IPR price on the bits transmitted - how about THAT for a pricing mechanism. cdma2000 IPR should be more like 10%. cdma2000 will enable heaps more bits for the same IPR, effectively reducing the price of the IPR. Qualcomm should conduct an ascending bid auction, like the FCC did. With 20 subscriber licences and 10 infrastructure licences for sale. Allow all to bid. Now that would sort out what it is worth. What could be fairer? Governments are successfully using the mechanism for spectrum. We should be raising the price, not seeing how low we can go. We should be proud of Irwin, Andrew, Klein and all who built the IPR. They have been totally and completely vindicated. They and their backers = me and you, should be rewarded in full. Everyone on earth now seems convinced that cdmaOne was right on the button. GSM is legacy technology. If people are whining about the price, they can invent their own systems. It'll only take them a lifetime of being nurtured well by their families, educated in the science, decades of thinking, learning, experimenting, risking their finances and devoting their days. They'll only need to struggle past years of doubts, accusations and abuse. Attempted patent infringement, vexatious litigation. And thousands of obstacles. Ericsson won't try to nick off with the IPR and depend on court decisions - customers won't buy and get tangled in court. That's what happened to Qualcomm when Interdigital had a very weak case [no merit whatsoever according to Qualcomm] that Qualcomm infringed Interdigital IPR. In the interests of getting on with the show, Qualcomm paid about $12m + lawyers' fees. It was too distracting and off-putting to customers to have the threat hanging over IS95 until the court resolved it. Ericsson would be in the same boat as Qualcomm was, but with a rock solid IPR case behind Qualcomm and a relatively powerful USA behind the judiciary. Did you all see what happened to Texaco when they messed with the USA judiciary? Keep it up Gregg! This is your moment of glory as Qualcomm enters primetime. Mqurice