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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 151.59-0.4%Jan 30 9:30 AM EST
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To: slacker711 who wrote (207)7/4/2000 3:43:07 PM
From: John Biddle  Read Replies (1) of 197450
 
Slacker & Skip Paul, thanks for the info. I wasn't thinking about all the imported components of the cell phones manufactured in Korea and now that you have pointed it out I see more clearly how the ban helps balance of payments concerns.

Another reason that I read was that the constant upgrading of cell-phones was a "waste of resources". I read a couple of editorials that applauded the ban for this reason.

I had not read this anywhere. I assume these editorials from Far East papers rather than US? Surprised to see such sentiment is apparently widespread.
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