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Technology Stocks : Moderated Lucent

LU 2.670

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To: KevRupert who started this subject	9/5/2000 7:23:22 AM
From: KevRupert	of 82

China Unicom raises new hopes for CDMA in China: Tuesday September 5, 7:01 am Eastern Time China Unicom raises new hopes for CDMA in China By Matt Pottinger BEIJING, Sept 5 (Reuters) - Three months after calling off plans to use current-generation wireless technology backed by San Diego-based Qualcomm Inc, China's number two mobile phone company is raising expectations of a change of heart. Chinese and foreign telecoms manufacturers, who would stand to earn billions of dollars selling CDMA equipment and handsets, said on Tuesday China Unicom had signalled it may build narrowband CDMA networks as early as January. ``They've been cautiously optimistic with us,'' said Scott Erickson, Hong Kong-based vice president of wireless marketing for Lucent Technologies (NYSE:LU - news).

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