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W-CDMA is not a 3G product. Heck, it's not even a 2G product.

WCDMA is standardized under IMT-2000 as IMT-DS; that means it's an official 3G standard. On the other hand, HDR is not.

I posted this on "THE N" board:

http://boards.fool.com/Message.asp?id=1190244001660001&sort=username

Specifically,

<<As for third generation systems, there are really five flavors, as defined by the International Telecommunications Union (ITU) as part of the IMT-2000 standard:

- IMT-DS Direct Spread (formerly known as WCDMA)
- IMT-MC Multi Carrier (formerly known as cdma2000)
- IMT-TC Time-Code
- IMT-SC Single Carrier
- IMT-FT Frequency Time

The first two are based on CDMA, IMT-TC is a combination of CDMA and TDMA, IMT-SC is TDMA, and IMT-FT is a combination of TDMA and FDMA.>>

You can get all the standards specifications and working papers from ITU's website:

http://www.itu.int/imt/2_rad_devt/index.html


As for the optimists you mentioned who thought CDMA was going to push GSM out of the way in two or three years, those people didn't understand the what has and hasn't been decided. It was totally unrealistic to expect that.

I don't read Gilder much, but I remember him saying along those lines. Yes, I know, he doesn't work for "THE Q," and he doesn't give investment advice.

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