16 years after this stream bubbled out of the ground to join the mighty river of Cyberspace and 18 years after first buying QCOM in 1994 [having missed the IPO in 1991 in the pre-Cyberspace era] and 21 years after first going to visit Qualcomm in August 1991, and 23 years after first thinking that Fourier transforms could be used in cellphones to squeeze more into the spectrum, Mq has sold quarter of his QCOM shares at $64.76.
Thank you to all the great people who developed Qualcomm from an idea way back in 1985. It's one of those things where reality caught up with imagination, though it did take a decade longer than I thought it would do.
I have sold a few at other times to reduce margin and to get some money for other things and this sale is to get money to develop from a paddock arapunimilk.co.nz It's not so much that I have lost confidence in Qualcomm, it's that the opportunity to develop innovative milk processing and infant formulae for improved infant nutrition where mothers are unable to breast feed their babies is good. If somebody wants to put in $60 million, a large shareholder is needed to build the factory which is ready to go.
That's always my aim. So far, so good, a few glitches like Globalstar notwithstanding. Even that involved a lot of solid groundwork, and spacework, to get the next iteration ready to succeed where the first failed.
<< [3/13/2012] 16 years after this stream bubbled out of the ground to join the mighty river of Cyberspace >>
Today we are closing on 17 years from the date this board (the 1st QUALCOMM discussion board in cyberspace) was founded. I stumbled across it when doing a Lycos or AltaVista search on 'Qualcomm' a few weeks after you founded the board and just before Nils Mork-Ulne founded the original SI Nokia board. I had just become a friendly user in BAM's CDMA Trenton NJ trials which were about to commence and a few months earlier I had made the first of several trips to Cannes France to attend GSMA's 9th annual GSM World gathering of GSM network operators where my then company was exhibiting along with perhaps at most a hundred or so other companies involved in the digital mobile wireless industry.
A lot has certainly transpired since then. By 2006 GSM World attendance had outgrown Cannes and in 2007 Barcelona Spain had become host to GSMA's annual exposition which became 3GSM World and then the Mobile World Congress (MWC). MWC 2013 kicks off this evening at Fira Gran Via in Barcelona.
The expo doors open tomorrow morning and the event will conclude on Thursday. 2012 saw MWC's largest ever attendance -- more than 67,000. Fira Gran Via is significantly larger than MWC's previous Barcelona location, and all exhibition halls are now under one roof. Over 70,000 people are estimated to be attending this year's expo, including around 3,500 members of the press, 12,000 mobile developers. and the staffs of 1,500 exhibitors who will show off their new kit and devices at the expo.
Dr Paul Jacobs Qualcomm's Chairman & CEO, Hans Vestberg the CEO of Ericsson, and Stephen Elop the CEO of Nokia are all Keynote speakers at the event. A complete list of keynote speakers is here:
Over a decade ago I posted to an internet forum called Frezza's Forum defending Qualcomm and the CDMA Industry from attacks. Many old timers here will remember. I am posting today to say my defense of Qualcomm and the CDMA Industry was not just some spontaneous defense on the part of an enthusiastic supporter but a carefully planned strategy to prevent the GSM Industry from blocking Qualcomm's access to the marketplace. My goal was to alert Qualcomm and the CDMA Industry through Frezza's Forum of the danger it faced and I believe I succeeded. The reason I have waited until now to disclose this is because I did not want to appear to diminish or upstage the achievement of the people at Qualcomm in developing CDMA.
I e-mailed Ira Brodsky shortly after my success in defending Qualcomm and the CDMA Industry informing him of my strategy.
Yes, we do and will remember: <Over a decade ago I posted to an internet forum called Frezza's Forum defending Qualcomm and the CDMA Industry from attacks. Many old timers here will remember. > Bill Frezza is still around though his last post was a few months ago: huffingtonpost.com
It was over a decade ago, last century, and in fact 17 years ago that Frezza and his GSM Nazis Hagfish slimeballs were attacking the CDMA Mafia with false claims about CDMA capacity, who invented it back in 1890 and whether "ve vill deny them their reqvest".
<I am posting today to say my defense of Qualcomm and the CDMA Industry was not just some spontaneous defense on the part of an enthusiastic supporter but a carefully planned strategy to prevent the GSM Industry from blocking Qualcomm's access to the marketplace.>
Unfortunately, GSM's carefully planned strategy did block CDMA from the market place. Europe was ring-fenced and gone. The Euroserfs were bound to a more expensive technology, with 16% royalties payable to the GSM cartel. Now they are bound to the W-CDMA cartel and the extorquerationate 12% royalty. Soon they will be entangled in the LTE swindle at 12% royalty. George Gilder thought it would be a good idea to do away with royalties on CDMA to help promote it. I explained that the royalty was trivial and irrelevant. Thank goodness Qualcomm did not agree with him. They gave it away too cheaply as it was. Qualcomm left $100 billion on the table just in Europe's 3G spectrum auction.
The great advantage of GSM was the SIM, which unlike in the CDMA realm enabled handset owners to swap service providers. Qualcomm tied subscribers as hostage to the service provider in walled gardens. GSM also got economies of scale ahead of CDMA. The advantage of spectrum efficiency was simply to trivial compared with the 2 year cost of owning and using a phone.
No doubt you helped defend CDMA but I doubt that Frezza's Forum held all that much sway in deciding the outcome of CDMA vs GSM. It was certainly a lot of fun back in the early days of Cyberspace.
Anyway, thank you for your efforts. It's a shame to see people disappear but apparently there is a whole world "out there" away from SI. Some weird 3D universe apparently. Meanwhile, look at the difference between high speed CDMA these days [and now LTE supersonic speeds] compared with back in the IS-95 days: <
Thank you for your observations. It pleases me to come across people who recognize and support the technical capabilities of IS-95 CDMA. I am generally aware of CDMA's data capabilities such as being able to offer data transmission at ISDN speeds. In fact, Sprint PCS has indicated it will offer ISDN-rate data transmission sometime in the future (for more information, see the Inter@ctive Week article "Sprint Indicates Future Direction" at zdnet.com ). Another example is NextWave Telecom's subsidiary TELE*code which plans to offer wireless data services to such organizations as utilities for the purposes of meter reading. In addition to these capabilities of IS-95 CDMA, I believe the potentially most important is the possibility of IS-95 CDMA being able to offer data transmission at 384 kbps which would allow for video of some quality. Qualcomm will not discuss its efforts in this area so the only information I have acquired that discusses this is an article by the publication America's Network located at americasnetwork.com and a brief discussion of this area by the CDMA Development Group located at cdg.org If CDMA at 384 kbps is achievable, it would, I believe, open a whole new dimension to its possible applications.