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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 161.76-1.7%2:33 PM EST

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To: Ramsey Su who wrote (30978)1/10/2003 9:16:48 AM
From: Jeff Vayda  Read Replies (2) of 197225
 
Ramsey, thanks for the data points. As most of us sit here in the US and watch the developments, it is nice to have you and other SI members monitor the Chinese press.

All this is a done deal IMO. The Chinese government's involvement in the business is something most 'westeners' keep missing. 3G is a done deal. The Chinese government has made it quite clear that it is important for the country. Unicom put out a number (7 mill) and it was in everyone's interest to make sure the number was achieved. The government will not structure any coming 'awards' to hamper the situation. Unicom gets the go ahead, Mobile gets the go ahead and a couple others will get green lights also. (IPOs to get free money from foreigners - so local companies can supply more products - what a deal!)

You offered one passage, which I would like to request some clarification: (Unicom) relying on 3rd phase to pass Mobile

Pass them how? Total subs? 3G subs? ARPU ?

Thanks
Jeff Vayda
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