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Technology Stocks : Zi-Corp (ZICA), formerly MCUAF -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (1536)9/26/1999 7:37:00 PM
From: RockyBalboa  Read Replies (3) | Respond to of 2082
 
One has to question that, when the technology is so important to Ericy, why did Nokia, Mot, Bosch, Samsung not go after it.

And has the Chinese ban on "new" internet investment some negative impact on Zi?

The ban on foreign investment officially has been on the books for years,
but was widely ignored by the government and Chinese startups that
aggressively courted investment from U.S. companies and venture
capitalists.

Last Tuesday, Information Industry Minister Wu Jichuan told reporters
during a news conference that China would begin enforcing a law
prohibiting foreign ownership in Internet service companies, saying the
government needed to strengthen its control over information content.


That means that there are fewer possibilities for foreign (non-chinese) companies to profit from any development within China.