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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.78+0.1%3:59 PM EST

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To: hedgefund who wrote (141271)1/22/2006 7:56:33 PM
From: quartersawyer  Read Replies (2) of 152472
 
That TD-SCDMA news contains exactly one bit of new "information"-- the network. it says, will not piggyback on a WCDMA network.

Could be that the Chinese figure any money spent by the government that pays for Chinese goods and services isn't spent at all, just redistributed. Waste would only be relative to possible higher productivity via a freely competitive way of doing things, but the monetary waste remains in Chinese pockets.

Even the esteemed Huawei sometimes operates at a loss covered by the government ( since Huawei has never been offered publicly to foreign investors). Their low low bids for infrastructure outside of China have been challenged by competitors as impossible.

Telecom will be well supported in the construction and rollout of TD-SCDMA, but if in fact it's not a great facility, all of the mid to high end will go to the WCDMA and CDMA2000 networks. So who's not happy?

Edit-- 100 by May 21, 2008 for a box of pop tarts
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