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To: John Dough who wrote (23049)	2/18/1999 11:40:00 PM
From: Maurice Winn	Respond to of 152472

ITU, 3G and what's a royalty worth? I reckon the ITU is more or less a bystander, though they pretend to be some sort of referee or adjudicator. They can say 'let's stop play at 3 pm', but in fact it isn't a game and Ericy and Q! will stop when they feel like it. Or when the court stops Ericy. Sure the ITU can set a standard which Ericy and Q! can ignore, or Q! can ignore by themselves and simply continue rolling out cdma2000 as a standard to compete with whatever TDMA effort the standards body wants to fill a few folders with. There would in that case be an international standard which few use and a cdma2000 standard which will take over all. If Ericy tries to go ahead with their VW40 standard, they will be up to their ears in courts and damages claims. They might hope to get some derisory royalty and damages awarded to Q! but as is being repeated increasingly, this CDMA in mobile is no pushover, as Ericy said for so many years when they claimed it was hopeless [before they invented it], so the royalties Q! should charge should be huge. Something like 15% would satisfy me. I seriously think that is about the right number. Maybe with some talk 10% might make me think it was still okay. But at the 7% level for WWeb royalties, it seems to me an undervalued giveaway. Sony can't do it. Nokia can't do it. Motorola couldn't do it. Ericy said it was impossible. Prof Lusignan and other 'experts' said it couldn't be done. Qualcomm did it! Those other companies can't do it even WITH Qualcomm's technology. Imagine them trying to do it on their own. That is worth a LOT of money. Big heaps of royalties. Q! CDMA isn't like some new arrangement of bits and pieces which might justify a patent but is not really of much value. This is VERY big time. It will bring mobile wireless multimedia light and sound from anywhere on earth to your brain. Nobody else could do it! What is your sight and hearing worth? Well, Qualcomm invented it out of thin air and it works from 10,000km away. Not only that, it can be done on a cheap little electronic device costing a couple of hundred dollars. Qualcomm would get maybe $15 per device at 15% of the wholesale price. That is an absurdly cheap bargain and I'm sick of hearing Ericy, the Koreans, Motorola, NTT, Nokia and others whining like a fleet of 747s! If they don't like it, let's see them invent their own. Sure Q! will rake in 2 billion people x $15 = $30 bn in royalties for one device per person. So what? They'll then go on to sell about 1 device every couple of years to those people as upgrades are built as well as many other devices in remote sensing, car navigation and all the rest. So maybe Q! will rake in with their rake receiver something like $20bn per year for a decade or two in royalties. Plus they'll sell a lot of ASICs, handsets and get a share of Globalstar profits. So let's say $30bn per year profit. That would justify a market capitalisation of $600bn, which is more than MSFT and some others combined. Oh yes, we'll also make money from WirelessKnowledge, Wireless Business Solutions [nee OmniTRACS], infrastructure, Eudoracoin [TM], Globalstar extra constellations and heaps of gateways. So come on Ericy, quit whining, get with the program and sign up so you get your little bit too instead of being left out in the cold, property confiscated by USA [or jailed for breaking USA laws on Intellectual Property Rights and breaching patent laws]. Mqurice [The main job of the ITU is to organize jamborees, lots of committees, lunches, hotels, trips to exotic destinations and ensure salary levels remain competitive with the private sector].