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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.060.0%Dec 1 3:59 PM EST

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To: Maurice Winn who wrote (36239)7/20/1999 7:43:00 PM
From: Maurice Winn  Read Replies (1) of 152472
 
*China* We [New Zealand] sent Jenny [or Prime Minister] to China a couple of days ago and she has been having chats with Zhu Rongji and Jiang Zemin about Free Trade. She has been a bit concerned about USA not buying lamb. China is interested in this Free Trade stuff and has been having discussions with Bill C about it. He didn't like the discussions so bombed the Chinese embassy and killed some Chinese. Which is not the best way to treat potential customers, as some of you who have spent time trying to get customers will understand.

He seems to have handed them a stick with which to beat him by cutting off NZ and Australia from lamb sales to USA.

What we'll do, is get Qualcomm to build cdmaOne and cdma2000 production in China. We'll buy all our stuff from them instead of from USA and they'll buy our lamb. That cuts USA out of the loop. Meanwhile, Cox and his mates cancel the USA space industry because they don't want to sell to those icky Chinese, which will further isolate the USA.

It doesn't seem that Free Trade is getting a lot of support from the USA who once upon a time claimed to be interested in it. Oh well, I guess they see that as a good idea.

Maybe China, Japan and New Zealand will just have to enjoy life without them.

Maorice

PS: APEC meeting in Auckland in a couple of months. Bill can explain his cunning strategy then. Then America's Cup racing starts in Auckland a month or so after that. Which will be fun too.
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