The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 165.13

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Nov 26 3:59 PM EST

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To: Shane Venem who wrote (4133)	12/12/1999 11:08:00 AM
From: slacker711	Read Replies (1) of 13582

I agree with MarginMike....I'll believe it when I see the actual money being spent. China has been dangling a CDMA network in front of our eyes for quite a while..... That article did not mention one thing....how was Unicom going to pay for this network? Supposedly they were supposed to have a public offering that would raise somewhere around a billion dollars to finance the build-out of CDMA. They ran into problems because Unicom needed to break out of the various JV's they had formed with foreign companies....I havent heard a resolution to this problem. Slacker

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