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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: slacker711 who wrote (12497)6/26/2000 1:55:00 PM
From: slacker711  Read Replies (3) of 13582
 
Anyone read Korean? Unfortunately I believe that I have found a confirmation of an article that I posted earlier that indicated that the number of Korean subs went DOWN in May. This still makes no sense to me, since this was prior to the elimanation of handset subsidies. Since the first part of the article was right, I have to assume that the second part is as well.....if true, Korean subs went down by around 400,000 subs between May 1st and June 13th.

Here is the link....

mic.go.kr

The only benign explanation that I can think of is that since the Korean government mandated that SK Telecom would have to reduce their market share to 50% (after the merger with Shinsegi) that SK/Shinsegi reduced their market share on purpose....dont know how.

I just cant see how demand falls from 1.26m new subs in April to -200 thousand in May without some sort of explanation....

Slacker
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