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To: bananawind who wrote (33720)	6/30/1999 5:20:00 PM
From: JMD	Read Replies (1) \| Respond to of 152472

Jim: "Important> China Unicom gets key roaming agreement that will enhance its ability to attract cdmaOne subscribers" Hey folks, I'm as happy as anybody around this joint that the Q is rockin' and rollin' [god almighty can you imagine being short this beast over the last four or five months? Very, very, very ouch], but let's pause for a second on Jim's post. Seems to me that every ten thousandth news release or so, one pops out that's worth noting. Last I checked, there are a few folks running around China and the prospect that CDMA may be getting its nose under the Great Wall Tent, so to speak, seems way cool. And my guess is that the [formerly] hated Ericy may be playing a big role here. The Mighty Q let Ericy kiss its ring in early May and Ericy's now a big CDMA booster, right? Then the last day in June, the CDMA forces get an apparently huge boost with the Unicom announcement. How long has Ericy been greasing the wheels in China? How many times did the Q (without Ericy's push) SEEM to be getting somewhere, and then run out of gas for no apparent reason? Me thinking this ain't no cowinkydink. How about y'all? SM

To: bananawind who wrote (33720)	6/30/1999 6:52:00 PM
From: Ramsey Su	Read Replies (3) \| Respond to of 152472

Jim, please do not bother us with earth shattering news, which in the old days, would have moved QC up 1 point, may be 2 or a pre split basis. Today, we move up 8, 10 points for no reason what so ever. We don't care anymore that CDMA is going to send China Telecom packing, in the same direction as NTT. We don't care that over 1 billion people are now potential customers. We don't care that millions of people and entire cities are currently being relocated in China due to the three gorges project and the market they create for infrastruture, include phones of course. We are just Qheads who are buying buying and buying, because we know we will all be quillionares. Seriously, that roaming agreement is great news. I bet China Unicom did not pay much for it. Ramsey

To: bananawind who wrote (33720)	7/1/1999 3:15:00 AM
From: brian h	Read Replies (1) \| Respond to of 152472

Jim and all, It will be fun, would it not? China's rumor. This is a bomb shell if it is true. Thursday, July 1, 1999 Beijing denies Zhu offered to quit REUTERS Updated at 2.08pm China dismissed as groundless on Thursday speculation on Asian financial markets that Premier Zhu Rongji had offered to resign. ''Such talk is a groundless rumour,'' said a spokeswoman at the Information Office of the State Council. Rumours Mr Zhu might step down swept through the region's financial markets on Wednesday and caused jitters in Hong Kong. He has been accused by powerful domestic forces of selling out state enterprises and poor farmers in his eagerness to open China to outside competition by joining the World Trade Organisation (WTO). Communist hardliners are also said to be critical of Mr Zhu for not taking a tougher line against Nato's war with Yugoslavia and after the bombing of China's Belgrade embassy in May. But traders appeared sceptical of the rumours, which have surfaced several times since Mr Zhu took office in March 1998. Chinese traders largely discounted the rumours and said it was not a factor in market movements on Thursday. One dealer in Shenzhen said Mr Zhu's resignation would be ''impossible'' because of the grave damage it would do to confidence in China by domestic and foreign investors. A Western diplomat also discounted the speculation, noting Mr Zhu had been known to muse his life would be a lot easier had he taken a job in academia after a lengthy career as an economic planner. Brian H.