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

QCOM 174.54

-1.2%

Nov 13 3:59 PM EST

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To: qwave who wrote (6828)	2/27/2000 5:00:00 AM
From: Maurice Winn	Read Replies (1) of 13582

<China needs us more than we need them.> Actually, 'us' is an approximate word. In general, unskilled people need skilled people more than the reverse. But rich people need poor people more than the reverse. Rich and skilled don't necessarily go together. In olden times, rich simply meant having ancestors who took control of land by force. Nowadays it's a bit more sophisticated. I'm not at all sure that China needs the USA more than the USA needs China. Who is going to work for you producing heaps of cheap stuff if not China? You'll have to pay some incompetent, lazy, overpaid, local slob a fortune to make your Nike's [yes, I know they are made in Indonesia, but you get the point]. I suspect the most accurate description is that each needs the other about equally. Which is not to say that either will just accept any nonsense the other tries to inflict. I'm Just passing through [briefly]. Yes Jon, I have unbookmarked Buy Range [I try not to make unfounded claims though predictions about the Dow are fine - anyone notice the Dow trending, belatedly, towards my June99 target]. No, some of my best friends are NOT King Salmon with lumps on their heads. Notice [Ramsey] how politics is now about the most essential aspect of CDMA these days? Remember how you used to lecture me about political rants, way back in 1996? Call me prescient! [Which is a popular word these days]. China has put CDMA on hold again - maybe WMolloy's claim that China would go GSM wasn't all a load of bad after all. Qualcomm [James Person - 1996] used to claim that network planning was a doddle with CDMA. Just drop another base station in place and the cells would 'breathe' their way into a new shape. Though it seems to have turned out to be more complex than that for optimum design. Mqurice

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