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

QCOM 173.68

-3.0%

3:11 PM EST

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To: Eric L who wrote (8548)	3/14/2001 12:12:59 PM
From: Ramsey Su	Read Replies (2) of 196526

Eric, you surprised me. With so much information available in recent weeks that you would made such an erroneous call. SA is not about technology, it is about money. Let us start with the furthest South, Argentina. Where the hell are they going to find the foreign currencies needed to launch any system????? Argentina had gone beyond peg, they actually use USDollars. With a current account deficit, they have no money to pay for anymore imports. So the only way they can launch anything is via vendor financing. Whoever wants to buy that business is going to dictate the technology used. I can't think of any other countries in SA that is not in similar position. It is, in my opinion, meaningless to discuss these percentage numbers. Ramsey

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