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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.32-3.3%Nov 14 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (10391)6/12/2002 6:32:08 PM
From: w0z  Read Replies (1) of 10921
 
I missed this in Jerome's previous post:

“Heck a good part of the world does not have a cell phone network. Try Africa, rural Russia, China, India, South America The Philippines, Indonesia, large parts of the Middle East and so forth.”

This is totally wrong. Many of these countries are huge cell phone users (China, India and South America). For example:

cellular.co.za

India's fast-growing mobile phone industry kept up its pace of heady growth in January
with subscriber base jumping nearly 75 percent over the same month last year, data
released by an industry body showed.

Figures from the Cellular Operators Association of India showed that the industry had
5.725 million subscribers, up from 3.27 million at the end of January 2001 and 5.48
million subscribers at the end of 2001.


Furthermore, many underdeveloped countries see cellular as a better alternative to providing phone service than land lines since cellular sites can be put up much more quickly than stringing wires. BTW, here's an article about using wireless for 2.4 Mb/s data in Korea:

Message 17595286
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