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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (32858)	6/22/1999 11:13:00 AM
From: Ruffian	Respond to of 152472

China <yahoo> Cdma Brings Opportunities For Chinese by: Dennis_P_Roth (47/M/Near Washington DC) 23081 of 23082 Cdma Brings Opportunities For Chinese Telecoms Sector. (6/21/99) asia.yahoo.com

To: Jon Koplik who wrote (32858)	6/22/1999 11:19:00 AM
From: Jim Willie CB	Respond to of 152472

no tax consequences here, diplomatic immunity is a wonderful thing interesting quote in last week's Barrons from Jim Crowe of Level3 Communications in a featured interview... long been curious as to perceived "elasticity" of longdistance (and other) telephone pricing... Crowe was talking about knocking ATT and its dinosaur buddies flat with upcoming significant price cuts "WE SEE NO REASON WHY WE WON'T BE ABLE TO DROP OUR PRICES BY 50% OR MORE A YEAR, ONCE WE GET GOING. FOR EACH 1% DROP, DEMAND SHOULD JUMP BY 2.5% TO 3.5%. IT'S A SCENARIO THAT COULD YIELD HUGE INCREASES IN REVENUES, MARGINS, AND ULTIMATELY PROFITS." so Crow believes elasticity is about 3 give/take... WOW! ATT is toast, Armstrong is toast / jim