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Technology Stocks : Nokia (NOK)

NOK 6.915

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3:42 PM EST

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To: tero kuittinen who wrote (2834)	11/24/1999 1:45:00 PM
From: Bux	Read Replies (1) of 34857

Why don't you read my original post I did read your original post, it said: They're still quoting last June's China Unicom press release promising 2 million CDMA subscriber capacity by the end of 1999 and 40 million capacity by 2003. Unicom has now five weeks left to make the first numbers of their projection. It's going to be interesting to see how they manage that in forty days. Your post was a response to an article Jim posted Message 12042806 which said: UNICOM SEES 30 MILLION SUBSCRIBERS BY 2003 But Qualcomm and Beijing have since made some progress in their dispute, and China Unicom has issued requests for sales proposals from a dozen CDMA vendors, industry executives said. At the same time, the U.S.-China WTO pact signed last week would also make it easier for China to adopt CDMA. ''Their plans are very aggressive right now,' said Perry LaForge, executive director of the CDMA Development Group in Costa Mesa, California. ''Unicom announced plans for 2003 to have 30 million customers and close to 40 million subscriber capacity,' LaForge quoted top Unicom executives as telling him in Beijing last week. He cited WTO and ''substantive discussions' between Qualcomm and Chinese officials for the renewed bullishness on CDMA. So they were not quoting last June's press release but statements made by Unicom officials last week. And the "news" I to which I was referring was not a newswire story, but the latest information Unicom officials had in which to make subscriber forecasts such as the discussions between Qualcomm and themselves (to which we are not privy) and of course the WTO agreement. This shows that the sub and capacity numbers are not simply quoting an old forecast but is a new projection based on the latest available information. Why do you think differently and why are you being so stubborn? Go Nokia! Bux

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