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To: Scott Overholser who wrote (32648)	6/18/1999 5:52:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

From the June 21, 1999, issue of Wireless Week The Theme Is Harmonization By Owen Hughes HONG KONG--The three Cs--competition, convergence and consolidation--represent the three biggest issues facing the wireless industry, according to code division multiple access proponents. Perry LaForge, executive director of the CDMA Development Group, speaking at the fourth annual CDMA World Conference last week here, said that the technology had experienced "phenomenal growth" over the last 12 months, it had to deal with competition, convergence and consolidation--specifically, harmonizing competing delivery systems, marrying data and voice and fostering e-commerce. Bo Hedfors, Motorola Inc.'s executive vice president and president of the Network Solutions Sector, made a specific appeal for rapidly harmonizing the different third-generation CDMA standards. Referring to the recent summit in Toronto, he said, "If there was anything I could ask it's that everybody involved in the critical work should try and stick to the time scale [for harmonization] as best as possible." A note of caution, however, was sounded by Lucent Technologies Inc. Asia Pacific President Mike Butcher. "We support harmonization, but there is a problem with the commercial reality, in particular in the Asia Pacific region. The time frame is not compatible with the efforts needed for harmonization." (In a step toward harmony, if not harmonization, newly anointed CDMA vendor Ericsson Inc. announced last week that it had joined CDG.) Wireless Internet access was another major theme of the gathering. Keith Paglusch, Sprint PCS senior vice president of operations, said, "The future of wireless is data and Internet access. The convergence of wireless voice and data is here now." Hedfors predicted that operators offering wireless Internet access would have a customer base of 1 billion by 2005. Wireless Knowledge LLC CEO John Major said he thinks business users will provide the initial customer base for wireless Internet. Sprint PCS Senior Vice President Al Kurtze said revenue from this service would be higher. "We don't want to be in a flat rate for the Internet in the short term." Consumers also will form a significant market for the combined technologies, according to Harvey White, chairman and CEO of Leap Wireless International Inc. "I think the next big change will to move from a more select target to market to the broader consumer market. That is going to be important to drive the cost down and features up. That is all part of getting coverage to come on stream in a cost-effective manner."

To: Scott Overholser who wrote (32648)	6/19/1999 1:40:00 AM
From: Teresa Lo	Read Replies (1) \| Respond to of 152472

In general I think people are very emotional about their investments. I mean, it seems that it's very important for people to "get personal" with their stocks. They feel that their self esteem is somehow reduced by being wrong and they feel proud when they've been right. That's too much energy for me. As a trader, I'm in the business of making money since I don't have a real job, so I just look at all instruments in the same way - if there 's no trade, then there is no need to bother. I guess to each his own, but being overly biased is not always a good thing. And even Ben Graham would acknowledge that a great stock would not receive high multiples in a bad market, so some technical analysis, insofar as using it to analyze supply and demand (no astrology, no voodoo) is useful, in my opinion. For those who wonder about TA as voodoo, here's my position - intelligentspeculator.com