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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 159.42

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Jan 16 3:59 PM EST

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To: engineer who wrote (4057)	10/28/2000 3:07:32 AM
From: Maurice Winn	Read Replies (1) of 197272

We bought a Made in China computer a couple of days ago. Most of the stuff we buy these days is Made in China. If they can make a computer, they can make a cellphone. Especially if Kyocera, Samsung, QUALCOMM and others are forming joint ventures and partnerships to help them out. NTT's VW40 is doomed. They are following the mid 1990s edict from MITI to go forth and become international which was given to corporate Japan. NTT is throwing money at market share by part-acquisition of international business using monopoly Japanese profits to force an arbitrary Japanese standard on everyone. They will fail. This is an example of blundering corporate stupidity [corporations have hordes of supremely smart individuals and NTT no doubt has their quota, but somehow, committee-type corporates come up with really dumb ideas]. To talk of almost zero customers by 2003 is weird for a system allegedly being built out ready for a startup in half a year. 2005 is so far away, it's well out of range of the forseeable future. Meanwhile, China will enter WTO and the USA might be kicked out if the USA doesn't stop illegally breaching international agreements on free trade. The USA has been determined as breaking WTO rules by prohibiting lamb imports from New Zealand. The USA was unable to compete with the high-quality, low-cost New Zealand product so Clinton agreed to introduce illegal quotas to help out the hopeless USA farmers. Those who believe the USA is a great free-market and it's only other countries which restrict trade, such as Japan and China, are ignoring actual facts. Let's hope the USA stops illegally restricting imports as that action could be used by China as an example of the USA calling the kettle black in CDMA negotiations. The trade restriction will mean less money for sheep farmers in NZ who will be able to buy less CDMA equipment if they are poor. Free trade is the way to go so that people do what they are good at and enjoy doing. Mqurice PS: Edit...hmm, speaking of "calling the kettle black" [political tract in Globalstar thread] Message 14678223

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