Multipliers of the Hardy space \(H^1\) and power bounded operators (Q2717705)

It is a Peller's remark that, for any \(c>1\) and any polynomial \(P=\sum a_nz^n\), the norms \(\|P\|_c:=\sup\{\|P(T)\|\); \(T\in B(\ell_2)\), \(\sup_{n\geq 1} \|T^n\|\leq c\}\) and \(\|P\|_{\mathcal L}:=\inf \|A\|_i\) (here \(\|A\|_i\) is the injective tensor norm of \(A\) and \(A\) runs over all \(A=\sum A_{ij} e_i\otimes e_j\) such that \(a_n=\sum_{i+j=n}A_{ij}\), in the injective tensor product \(\ell_1\check{\otimes} \ell_1\)) are related by \(\|P\|_c\leq K c^2\|P\|_{\mathcal L}\). In this interesting paper it is proved that both norms are never equivalent, answering a question raised by \textit{V. V. Peller} [J. Oper. Theory 7, 341-372 (1982; Zbl 0485.47007)], and the proof is based on the consideration of a new class of ``shift-bounded'' Fourier multipliers on the Hardy space \(H^1\). It is left open whether all norms \(\|P\|_c\) (\(c>1\)) are equivalent.