SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Ruffian who wrote (67328)2/17/2000 9:19:00 PM
From: LBstocks  Read Replies (1) | Respond to of 152472
 
The vultures tend to leave when they realize the carcass is not dead.



To: Ruffian who wrote (67328)2/17/2000 9:25:00 PM
From: LBstocks  Respond to of 152472
 
SK Telecom, China Unicom sign accord on cooperation
As the barriers surrounding the Chinese telecom market start to fall, a Korean cellular operator is set to enter the market by joining forces with a Chinese company.

SK Telecom (SKT) said yesterday it has signed an agreement on comprehensive business cooperation with China Unicom, China's second largest telecom operator. The agreement, signed in Beijing yesterday between SKT President Cho Jung-nam and China Unicom Chief Vice President Wang Jian-zhu, calls on the two wireless operators to cooperate in the fields of technology and management, according to SKT.

"The agreement between the two companies comes at a time when the liberalization of the Chinese telecom market is gaining speed and more cooperation between Korea and China can be expected in the information and technology sector," said an SKT official.

The deal allows SKT to tap the huge market potential of the country which recently adopted code division multiple access (CDMA) technology in addition to the global system for mobile communications (GSM) equipment already in use. The Chinese telecom market is expected to have over 150 million wireless subscribers by 2005.

"The agreement is the best possible deal at the moment as there are no other ways of entering the Chinese market," said a member of the Korean operator's China business team. He added that a more concrete partnership could evolve from the present agreement.

The two companies also agreed to cooperate in exploring foreign markets, particularly those in the Asia-Pacific region, and work together in the development of IMT-2000 technology, a third-generation mobile communication technology.

The areas of cooperation include research and development, international roaming, CDMA network architecture and marketing, according to SKT.



Updated: 02/18/2000
by Kim Hoo-ran Staff reporter



To: Ruffian who wrote (67328)2/18/2000 10:30:00 AM
From: HairBall  Read Replies (4) | Respond to of 152472
 
Ruffian: Yesterday QCOM price action broke above the falling resistance line. It then came back and tested the line for support and moved up into the close. My intraday indicators supported the initial move above the line, I went long. (However, I have never seen such Level II manipulation.)

As expected direction (at least short-term) was revealed yesterday. However one should note, QCOM has been filling its gaps as of late...something to keep an eye on!

I have unbooked marked this thread. To many self proclaimed TA experts that have this thread smoked, a guru that claims divine inspiration that spews vulgarities and degrades women, to many nasty self appointed thread moderators and just way to many folks that buy into the above...

Good trading to all...I am out of here...my last post!

Regards,
LG