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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mauser96 who wrote (25595)	5/30/2000 7:58:00 PM
From: Rick	Read Replies (3) of 54805

There was an article in Tuesday's NYT that mentioned Q. However, after reading it, I don't really understand the China situation at all. Is Q in or out of China? "But Unicom, which was started by the government six years ago to challenge the state monopoly, China Telecom, has its own problems. It recently shelved plans to upgrade its network with a mobile phone technology licensed from Qualcomm. And it has had to unravel joint ventures with more than 20 foreign partners, whose investments the Beijing authorities declared illegal. ....[Unicom's] technology foray has been similarly ill-starred. In February, it signed an agreement with Qualcomm to upgrade its network with a digital mobile phone technology known as C.D.M.A., or code division multiple access. Today, it told investors in Hong Kong that it would abandon the plan because C.D.M.A. was in danger of being superseded in two years by so-called third-generation cellular technology." See nytimes.com - Fred

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