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


To: Poet who wrote (57205)12/28/1999 3:23:00 PM
From: RocketMan  Read Replies (1) | Respond to of 152472
 
I nibbled at Xing, will just hold until the Chinese make the formal announcement that they have been picked as one of the CDMA phone manufacturers for China. So far it is just a strong possibility:

GUANGDONG, China (CBS.MW) -- Shares of Qiao Xing Universal
Telephone soared more than 143 percent on the possibility that the
Guangdong government in China will approve the company's
application to make CDMA cell phones.


The Ministry of Information is expected to review
the company's application with the Economics
and Trade Committee before the year's end,
Rui Lin Wu, Qiao Xing's chairman said in a
statement.


Doesn't seem too long to wait --- unless they are talking Chinese new years. Gee, when is that? :-)



To: Poet who wrote (57205)12/28/1999 3:28:00 PM
From: marginmike  Respond to of 152472
 
Bought at 16 and 17 this AM in disbelief at run. Sold 1/2 at 50 and have 1000 shares I will hold!