Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (24707)	10/29/2002 10:17:55 PM
From: Maurice Winn	Read Replies (1) of 74559

Jay, John is a year behind the times. His post in Buy Range stream was right for 2 years ago [I actually checked the date when I was part way through as I thought he must have directed me to a post from back then for some reason]. The outcome was that royalties from inside China will be near zero. 2% only. Which is NOT a huge stream of profit, even if every Chinese buys a CDMA cyberphone. 2% on $100 cyberphones [which will be upmarket ones in China] is $2 x 1 billion is only $2 billion, which is barely enough to justify 2 years of QUALCOMM's market capitalisation of about $30bn. Now exports are another matter! 7% is getting to be real money. CDMA is used by China as a negotiating tool with King George II and co. With Hu Jintao coming in, it's timely to dust TD-SCDMA off for another flogging. I think all will settle down by Chinese New Year in time for a lot of CDMA sales. Maybe Hu will want to make a bit of noise on entry, to get attention and some respect. He needs nice safe things with which to do that. CDMA is a good one. He can invite King George II for a chat early next year and that'll give them something to talk about other than Taiwan. All good fun, Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next