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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 174.54

-1.2%

3:59 PM EST

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To: slacker711 who wrote (78559)	7/17/2008 10:38:36 AM
From: ggamer	Read Replies (3) of 196633

Does anyone have a good feel for China telecom industry. With all the changes taking place, would investing in China Mobile or any of the other companies be a good idea at this time. I was in China for a few days last year and most young people were spending time in internet cafes. I just think that 3G will give these people the freedom to browse the internet from their cheap smart phones. And possibly, investing in chinese telecom can also be a hedge against low royalty to QCOM on TD-CDMA equipment. I also saw this clip in an article today. China Mobile (NYSE: CHL), for example, has returned an annual average of more than 60% over the past three years, fool.com

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