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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (7884)	3/23/2000 9:13:00 PM
From: q_long	Read Replies (2) \| Respond to of 13582

NOK is in a world of shrinking margins. The Koreans will move in strong this year. LG, Samsung, Hyundai not to mention KYO. NOK did not introduce a new handset this year at CTIA. Their current CDMA form factor will be outdated. They will not compete in CDMA by years end

To: marginmike who wrote (7884)	3/24/2000 12:22:00 AM
From: LBstocks	Respond to of 13582

Loan seen to help China Unicom overseas listing By Reuters staff 23 March 2000 The 10 billion yuan ($1.21 billion) loan obtained by China Unicom will help the overseas listing of the country's number two telecommunications carrier, the official China Daily said on Thursday. The China Development Bank signed an agreement on Wednesday to lend the money to Unicom, which would use it to build telecommunications network infrastructure, the Xinhua news agency reported. "The bank's heavy lending will pave the way for the company to be listed abroad," the China Daily said. "The fund is expected to consolidate the construction of telecom networks and the overall strength of China Unicom," the newspaper quoted an official at the bank as saying. It quoted Unicom Vice President Shi Cuiming as saying the firm would use the loan to "fill fund shortages and promote the construction of mobile and digital communication sectors". It gave no details of the projects. China Unicom plans to build an 11 million subscriber-capacity CDMA (Code Division Multiple Access network by the end of this year. The newspaper quoted Shi as saying Unicom was "looking to" be listed on the Hong Kong and New York stock exchanges and the listing was likely to happen in the first half of this year. Analysts say they expect Unicom's initial public offering to be worth several billion dollars. Unicom now held 12 percent of China's mobile phone service market and hoped to increase the number of its mobile network users to more than 13 million this year, Shi said. The China Daily said this was the largest credit package ever issued by the China Development Bank, a policy-oriented bank that lends at government direction, to the telecommunications sector. ¸ 1999 Reuters Limited. All rights reserved.