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


To: Gregg Powers who wrote (21979)1/26/1999 3:41:00 PM
From: Webster  Respond to of 152472
 
Perhaps one day Milkbone will develop a severe case of the flees and will have difficulty finding future mating partners. Thanks
Web.



To: Gregg Powers who wrote (21979)1/26/1999 5:38:00 PM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Tero On Yahoo<boy is he getting deperate>

On contributions
by: tero_kuittinen
5657 of 5659
The fact is that Qualcomm's CEO is a fundraiser for the Democratic party. The Clinton administration is
largely responsible for formulating the US position on 3G issues.

"The publicly recorded contributions in no way shape or form
even compares to the dollars at stake in this trade dispute, or in any way undermines the principles of free
trade or WTO policy."

Since when have political contributions been comparable to the
benefits that companies derive from them? That's the whole point: you don't need to contribute much to gain
influence. Does anyone seriously believe that American sugar producers pay off both Democrats and
Republicans out of the goodness of their hearts? Of course not - they believe that they are making an
investment. And they are.

We all have different moral compasses. I recognize that some people think that it is perfectly OK for a CEO
to raise funds for the party that is running the government in charge of making crucial decisions on the future
of the company. But lets face it: that leaves both the government and the company wide open to charges of
influence-buying.




To: Gregg Powers who wrote (21979)1/26/1999 6:01:00 PM
From: Maurice Winn  Read Replies (2) | Respond to of 152472
 
Gregg, "...Jerkysson's management, if they are doing their job, should be out to maximize value for their shareholders. Theirs is a fiduciary obligation and they have fought a good, albeit ruthless, fight...now it is time to call off the dogs of war and make love..."

I don't buy "...they have fought a good, albeit ruthless fight..."

While it's true that they should maximize shareholder value while complying with reasonable laws, I don't believe this is what they have done. Nor have they fought a 'good' fight in either the sense of a successful one or an honorable one.

While I agree that lies are fine on behalf of shareholders, they are only fine if their shareholders actually benefit from the lies. Actually, the lies [or mistakes if we are generous] damaged Ericy shareholder interests.

Ericy did not sign a cdmaOne licence agreement which has cost them dearly. Nokia did and it has stood them in good stead. Now Ericy is going to have to pay up big time because of being late to the cdmaOne market. That is bad for Ericy shareholders. Their lie, or mistake, that cdmaOne was a fraud, would not and could not work, was late to market etc has cost shareholders heaps.

They will have annoyed GSM and other customers who will now [or shortly if they are sound asleep] see that they were misled by Ericy on where they should invest. Legacy GSM systems are not going to be as valuable as cdmaOne. They have delayed investment while Ericy played dishonest games. NTT is really jumping now and is no longer prepared to wait. Vodafone is getting their 'clout' ready. Annoyed customers are VERY bad for a salesman's day. Ericy salesmen will not be liking what they will be hearing. Neither will Ericy shareholders when the results are in.

Ericy has not materially delayed introduction of cdmaOne which has been adopted very quickly despite teething troubles, the usual relatively high cost of new technologies and 'if it's new it'll be a problem' worries by buyers. Nor retained sales of GSM [Nokia has gained those]. So they have diverted their attention onto silly anticompetitive actions which are bad for keeping one's eye on the ball and succeeding in markets. That is bad for shareholders. The proof of failure is the relative success of Nokia in GSM.

Ericy now has a reputation for dishonesty. Salesmen like it if customers trust them. Ericy salesmen will not be considered specially trustworthy by their prospective customers now. If Ericy was so wrong about cdmaOne then how right will they be in other things they say. Loss of reputation is expensive for shareholders.

Stuff like that...

Don't let hagfish off the hook!

Mquarkce

PS: The Thin Phone doesn't look that thin to me. I was told 0.3 inches. It looks fatter than that. Also, not sporty looking - needs colour, zing, fancy layouts and some Nike Swoosh type things. Some racing stripes....