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To: Voltaire who wrote (1839)1/31/2000 6:36:00 PM
From: darkhorse30  Respond to of 35685
 
Hey, i can help you out there, i have a barn that you can practice trying to hit....and a ton of shag balls



To: Voltaire who wrote (1839)1/31/2000 7:07:00 PM
From: LBstocks  Read Replies (1) | Respond to of 35685
 
AWSJ: China Unicom, Qualcomm Settle On Preliminary Deal

Dow Jones News Service ~ January 31, 2000 ~ 6:00 pm EST
By Matt Forney
Staff Reporter

BEIJING - Qualcomm Inc. has reached an agreement with China United Telecommunications Corp. to license and deploy Qualcomm's technology in China's fast-growing mobile communications market.

The deal was struck during negotiations over the weekend, but neither Qualcom nor China Unicom has been willing to confirm the agreement, which is still preliminary and must be approved by several Chinese agencies in a process that could take several weeks.

If accepted, the agreement would give China Unicom a mobile-phone technology called CDMA, or code-division multiple access, a standard Qualcomm developed that has become the dominant in the U.S. China Unicom will be able to use the technology as a new selling point in its battle to lure customers away from China's main operator of mobile communications networks, China Telecom. Around 90% of China's 43 million mobile-phone users subscribe to China Telecom's service, which uses the GSM, or Global System for Mobile communications, wireless technology that is prevalent in Europe.

"Now we move to the approval process," says a participant in the negotiations. "There are almost no issues left - we agreed, but there is no contract yet," the negotiator added. The deal must be approved by the State Development Planning Commission and the Ministry of Information Industry, among others.

The deal lets China Unicom license a technology called cdmaOne from Qualcomm, the San Diego-based company that holds many patents for mobile-phone technology. Qualcomm will collect a royalty fee for sales of equipment using its patents, such as wireless handsets and ground stations.

The deal could affect the development of mobile-phone standards in Asia, where a large market such as China may influence regional industry trends. China Unicom has licensed the so-called second-generation cdmaOne. Many companies are furiously working on third generation wireless technology, which will enable users to download video and other products to handheld devices, such as mobile phones.

That next generation is still a few years away, but already companies are vying to set the industry standard. One option - called wide band CDMA - is prevalent in Europe. Qualcomm holds relatively few patents for this type of CDMA technology.

Another option Qulacom is developing is called CDMA 2000. With its latest deal in China, Qualcomm stands a better chance in the future of convincing China Unicom to upgrade to CDMA 2000.

(END) DOW JONES NEWS 01-31-00

06:00 PM




To: Voltaire who wrote (1839)1/31/2000 7:21:00 PM
From: Boplicity  Respond to of 35685
 
<deleted>

G



To: Voltaire who wrote (1839)1/31/2000 7:21:00 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 35685
 
CNN interview of Tom Galvin of DLJ (on my Genius List)

his main points:
- stocks hit a speedbump this month, techs were up 50% in last 90 days of 1999, and with the Fed about to meet, we had excuse for stocks to correct somewhat

- expects by end of 2000, Dow at 13,000 and NazComp at 5000

- TBond yield was up by 30% in 1999, while mainstream NYSE stocks were down 30%, just about right compensating reaction

- only 3 times in the last 30 years has TBond yield risen by 30% on relative basis in a single year, quite a rare event, followed each time by relaxation in interest rates... look for financial stocks to rise by 40-50% this year

- still an earnings driven stock market, earnings will continue to drive valuation multiples, and techs will continue to show solid growth

- the breadth of stocks showing earnings growth is improving, thus Russell2000 smallcap index is rising
*** end of Galvin ***

Qualcomm has been splattered on the financial news in wrapups... on CNBC, on CNN... good exposure and publicity for China tease news

gotta hand it to CNBC (Bill Griffith) who challenged an old school economist being interviewed... Griff challenged the main premise that growth in the economy is to be accompanied by inflation, saying that point has been proved wrong for three years now... the arrogant economist did not back down... the amusing and empty comeback by economists is to claim that it hasnt yet, but it will soon and loudly... so arrogant, so wrong, so outoftouch with changes brought about in the New Economy

my opinion: sure, wages are up, growth is up, and unemployment is down, but even these three factors cannot unto themselves explain the inflation future... must incorporate the trackable capital investments, untrackable productivity rates, and the totally nebulous but very real internet phenomenon

US economy is at great risk in the next three months from the shortend of Bond Market and the Federal Reserve cutting off the flow of capital in the form of higher interest rates, higher cost of capital from corporate bonds... and why?.. to interrupt inflation which does not exist

more on CNN (good stuff): inflation has yet to appear because of some strong factors
- globalization with new sources of supply (materials, labor)
- weak European and Asian economies (how long?)
- technology explosion leading to increased worker productivity and improved efficiency of companies (e.g. internet)

just wait until unemployment gets UNDER 4% !!!
coming soon this summer

DID ANYONE NOTICE THE INCREDIBLE ONSLAUGHT OF INTERNET ADVERSTISEMENTS ON THE SUPER BOWL???

/ Jim Willie



To: Voltaire who wrote (1839)1/31/2000 7:55:00 PM
From: unclewest  Read Replies (1) | Respond to of 35685
 
Probably not a better profile on a club but be damned if I could hit the side of a barn with them.

perhaps you should go inside the barn to hit the ball.



To: Voltaire who wrote (1839)1/31/2000 10:35:00 PM
From: Ed Forrest  Read Replies (1) | Respond to of 35685
 
<<my lack of talent might have one hell of a lot to do with it!>>
V
Try hitting it with your practice swing,TEMPO. :)
Cheers
Ed