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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: Ramsey Su who wrote (30630)	5/23/1999 8:44:00 PM
From: Shi	Read Replies (2) of 152472

OTOT, Tiananmen square. As someone who was there, I think I am qualified to answer some of the questions. Why there were protests? No.1 corruption; No.2 lack of free speech. They are certainly not unique problems of commie countries. E.g., Indonesia. What did students want? Most of them didn't want to overthrow the government. It is Chinese tradition that people hope for a ruler that is wise, instead of a revolution that overthrows him. In fact, most of the students including those in leading positions didn't know what they really wanted, in terms of concrete measures. There were too much blood boiling and too little cool thinking. Think about it, the student paralyzed the capital of a totalitarian country. One time I was at the busiest intersection directing traffics, because there were no cops in the entire metro area. This lasted for three weeks. Now hindsight tells me that it should not be a surprise for the government to shoot people (not that it is right). This happened in many undemocratic countries, as well as some democratic ones (Waco, TX). There was no excuse to kill hundreds of people. But one of the major mistake the government made was not to take control of the situation early. They were cornered, and armed. Happy Q investing, Shi

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