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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Ruffian who wrote (11034)11/24/1999 1:42:00 AM
From: Uncle Frank  Read Replies (1) of 54805
 
>> Unicom has said it planned to invest 7 billion yuan ($843 billion) in 1999 to set up a CDMA network with an initial capacity of two million lines.

Before we get too excited about the size of Unicom's initial investment, 7 billion yuan converts to $859 million, not $843 billion. The currency converter I used has the value of the China Yuan Renmimbi at 0.122699 $US as of today.

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