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an
ParticipantWhat I heard is 150-200 people will still be working on ODM, rebranding 3rd party phone as Nokia for CDMA. So that leave about 300-350 for WCDMA. With Sprint announcing they’ll be going w/ WiMax for their 4th gen network, CDMA is definitely losing its luster. Who knows what will happen to QCOM if CDMA start losing more market share.
an
ParticipantI agree with PD. If you have two identical house, one list range @ 500-550k, which the other list @ 530k and both sell for $520k, then this disprove that people who don’t use value range left money on the table. Only way you can prove that the one not using value range left money on the table is to find two nearly identical house and have one w/ value range selling for more than one w/out. Other than that, these statistic doesn’t mean much.
an
ParticipantThe news is that they’re laying off everyone, then rehire 550 people. So think that’s about 550-650 people needing jobs. I’m not sure if QCOM and Moto will be able to absorb them all, but I think they can. So it probably won’t be as big of a shock as if they lay off everyone.
an
ParticipantPersonally, that’s exactly what I’m doing. I completely ignore the – $x. When I will be buying, if it happen that the house I like has a range, I will come in w/ an offer at least 5% bellow their lower price range and start negotiating from there.
an
ParticipantIt would also then mean our wage will have to increase to be able to afford the rent. Which then mean other things will get more expensive because we have more $ to spend and increase demand. Yay, for massive inflation.
an
ParticipantLast time I check, wanting an affordable home to raise a family in and not be forced to have dual income to afford it is not odd. Also, 1994 is near the bottom of the last crash so anything compare to 1994 would look quite good. I don’t know what the sales data was for that year, but if you think it’s lower than now, please reveal. All I know is 23k+ homes for sale is much greater than the # of homes for sale in 1994.
an
ParticipantWow, so they’re waiting for the August “turn around” now huh? After August, will it be September turn around?
an
ParticipantI agree with you, the most important thing about these news segments is that it’s finally making prime time news. To me, it’s one of the key thing that will change public psychology. Psychology was what pushed it to this level and psychology will be what take it down to where it should be.
an
ParticipantI never said it was easy, I’m just saying it’s doable. Just like developing such a system would not be easy technologically speaking, but it’s doable. What if a real estate company such as prudential had a deal w/ Yahoo & Zillow, to create a site that has all the info ZipRealty and Zillow have, as well as other more in depth information about the area you’re interested in at a click of a mouse. People will be able to do their own research in the area they want in the middle of the nite or when ever they feel comfortable. Knowing all the data a real estate agent have is right in front of you with out anyone there to bother you. Then when you’re ready to buy/sell, you can contact that prudential agent, and they’ll just handle all the process for a flat fee. Like many said, an a la cart type of service. So you’re not skipping any step that you’re not comfortable doing yourself.
Most great sites and products were not easy to create or maintain. But it’s definitely doable if you really want to. So yes, sdrealtor, I agree that there are many things that make this not an easy task to do. However, it’s inevitable that the internet revolution will take over the real estate industry just like other. You can either embrace it or die trying to fight it like the RIAA.
an
ParticipantI think rehiring is still a rumor, we’ll find out next week, but other rumor i hear is that they will completely layoff. Also, you have to think why would they rehire CDMA developer to develop WCDMA/GSM product. They’re very different. It would also be much cheaper for them to just hire GSM/WCDMA engineers in Dallas than here. It would also be more cost effective to have WCDMA/GSM R&D center(s) in one area than spread it out across the united states.
an
ParticipantI completely agree that it will undershoot just like it overshoot. It’s just simple physics. You can’t have things go up and down and not under/overshoot, be it electronics in electronics, stocks, bonds, or real estate. So 50% may revert back to the mean, but my bet is that it will undershoot. Docteur, since you have extensive experience, can you tell us back in the last to bust, did the price fall bellow the cost of replacement? That might give a sign to how far it will fall this time.
an
ParticipantIf I’m not mistaken, WiMax patents are owned by many companies. I don’t think anyone company own a commanding share of WiMax like QCOM in respect to CDMA. So like GSM and WCDMA, many company will benefit.
I don’t know how successful WiMax will be since there’s a huge cost associated with setting up the network. WCDMA is fast enough for now I think and there’s still plenty of head room left in it as well. Same goes for CDMA2000. The only reason CDMA phones are more expensive than GSM/WCDMA phones is because of QCOM royalties.
I would that if 1/2 of nokia employees own a home, you’re looking at no less than 300-400 people that need to sell if they can’t find a job asap.
an
ParticipantHey masayako, I’m also working at Motorola. Nice to see a fellow Motorolan on here :-). I total agree about Nokia. However, I’m not sure if they will rehire much. The last rumor I heard is management here is still trying to get GSM projects from TX R&D center. So I think worse case scenario is they won’t rehire anyone. I hear 8/8/06 will be the day that they’ll announce the exact details. So we’ll see next week what will happen. My name is Son Bach if you want to look me up on the company directory.
an
ParticipantRecently, Zillow just had a deal with Yahoo, so I don’t think they’re going anywhere. If anything, Yahoo will buy them out. Yahoo is currently dealing with Prudential I think. But I’m sure one day, we will be able to buy and sell real estate online as well. If you can picture something like Zillow, then if you sign up to sell, they’ll send you a device that will scan your house and create a 3D virtual tour. All that without much cost to either side. Yahoo and such already have huge servers that can store these data quite easily. So I don’t see much cost to them. They can also share the same technology with their other services such as mapping, etc. So, it might not be ready for prime time at its current state (that’s why it’s still in beta), one day, I don’t see why it can’t be.
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