Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: BubbaFred who wrote (43845)	12/23/2003 9:57:25 PM
From: Maurice Winn	of 74559

Bubba, any CDMA is good CDMA. The China variant of CDMA will also include royalty payments to QUALCOMM. But why China wants to waste a lot of effort going up a blind technological alley is beyond me. Economy of scale and network effect matters. Japan invented silly PHS and other "only in Japan" technology, in an attempt to capture markets. Now they are ditching that and going to CDMA by QUALCOMM. DoCoMo and Au, the biggies, are paying heaps to the MotherShip! China will be too. Copying Japan's foolish strategy of the 1990s won't get China big international markets. I'm all in favour of China being the richest country on Earth if they can do it without stealing or murder. I like upbeat China news and stories. For decades I have promoted foreign investment in R&D in China, as well as other investment. My point back in the 1980s was that there were umpty millions of high IQ women and others who were wasting their lives doing low value things when BP Oil was paying a fortune to lower ability Germans and British to do research. Same for QUALCOMM in the 1990s. You misunderstand, which is common for people to do. Mqurice

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