Message 15635094
To:Lost1 who wrote (7357)
From: Jorj X. McKie Monday, Apr 9, 2001 3:30 AM
View Replies (4) | Respond to of 7730
QCOM still very expensive with a PE above 300. Chart major league broken. And the heavy valuation is tied to success in China (IMO). Could current problems in Asia harm QCOM even more? What if CDMA isn't the winner in China, does that do even longer term damage?
finance.yahoo.com
stockcharts.com
Maybe when QCOM really corrects, we will have a sign that a true bottom is in.
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Message 15638012
To:John Pitera who wrote (7386)
From: Jorj X. McKie Monday, Apr 9, 2001 4:48 PM
View Replies (1) | Respond to of 7730
As Perry pointed out, the PE issue is probably a non-event accounting entry.
However, I am not convinced that CDMA is going to be the standard that the world settles on. It is not farfetched to think that the evolution of the technologies and the internet will lean more toward building on legacy infrastructure. And technologies building on GSM may have the inside line here.
From the last mile thread
Message 15635564
The 85m mobile subs for China is the generally reported number. I believe that China Mobile has about 65m and Unicom has the rest. The current CDMA network in China is nothing but a trial network that was set up in 4 cities. The number of subs is probably around 500,000.
As to the $2.4 billion for a new CDMA network....well, in light of the current situation, your guess might be as good as mine. China Unicom asked for bids during the third week of March. Motorola, Lucent, Ericsson, Samsung and LG Telecom are supposed to be bidding on a network of about 13m subs that will be built over the next 18 months. The contracts are supposed to go out before the end of April with service beginning in October.
Who knows what will happen know?
Slacker
Another last mile contribution for reference.
Message 15625187
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siliconinvestor.com
To:John Pitera who wrote (7462)
From: Jorj X. McKie Tuesday, Apr 10, 2001 1:31 PM
View Replies (1) | Respond to of 7730
My position is that CDMA will get a little uptake, but ultimately, GSM is going to win based on the established infrastructure. I think that ATT Wireless' recent decision to go with GSM is very telling.
I am not an expert in this particular field, so take what I say with a grain of salt. But I see GSM having real life expansion while CDMA is still a promise. |
