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

To: Gregg Powers who wrote (17056)	10/23/1998 7:43:00 PM
From: Maurice Winn	Respond to of 152472

Mika says: "Note, most IPR is sold at about 2% in the telecom market". Mika, it is irrelevant what most IPR sells for in the telecom market. Each creation is an individual thing and has its own value. As marginmike will be able to tell you, most original paintings sell for a few hundred dollars. That doesn't mean you can buy the Mona Lisa for that. Although many people think of engineers as sort of grease monkeys who should work for peanuts, technical creativity is as much an art as anything else. If you create the best work of art, which everyone on earth wants to use, you can charge a lot of money. The artists should not be shy. It is not greedy to have your value recognized and paid for. Note what Gregg Powers said: "...the total royalty ticket for a start-up GSM vendor (start-up being defined as someone with no IPR to trade, that wants to be an integrated GSM manufacturer) would exceed 20% by the time all necessary parties were compensated." I'll put it in capital letters. GSM IPR COSTS 20%! And that is for an inefficient grotty old system full of snap, crackle and pop. Nokia, L M Ericsson and others whine about QUALCOMM charging a silly small amount. They even think it should be free. QUALCOMM has got the market rolling. Nothing less than 10% should be the aim for high data rate cdma2000. 7.314159% for cdmaOne was reasonable since there was a lot of support needed in a thin market. Let's value something beautiful at a reasonable amount. Hold an art auction - "NOW SELLING, 3 cdma2000 licences". Let's see some competition among these bludging SETI people and whining Koreans if they want some IPR. Clark, No, I don't want an ERICY or Lucent/Nokia/GEC auction for The Q!, I'm just saying I think it an obvious outcome of the hysteria developing over 21st century telecoms as people get a glimmer of the dollars which are going to be going to the winners. CDMA wireless is already declared the winner - it's just a matter of who owns how much of it. Mqurice