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: slacker711 who wrote (72319)5/24/2000 1:45:00 PM
From: T L Comiskey  Read Replies (2) | Respond to of 152472
 
Poll Shows China Trade Bill Short of Passage

WASHINGTON (Reuters) - Two-hundred-nine lawmakers in the U.S. House of Representatives said
they would support or were likely to support permanent normal trade relations for China, nine votes
short of the number needed for passage, according to a Reuters poll updated daily.

To clear the 435-member House, the Clinton administration must round up 218 supporters.

One-hundred-eighty-three lawmakers said they would oppose or were likely to oppose permanent
normal trade relations with China, and 37 said they were undecided.

The bill's passage in the Senate is virtually assured.

Here's the latest House breakdown:

SUPPORTERS 202 (134 Republicans, 68 Democrats)

LEANING IN FAVOR 7 (all Republicans)

OPPONENTS 170 (46 Republicans, 122 Democrats, 2 independents)

LEANING AGAINST 13 (9 Republicans, 4 Democrats)

UNDECIDED 37 (21 Republicans, 16 Democrats)

A total of 6 lawmakers did not respond.



To: slacker711 who wrote (72319)5/24/2000 2:05:00 PM
From: q_long  Read Replies (1) | Respond to of 152472
 
If you ban subsidies for all Korean carriers the playing field is level from carrier to carrier. Wholesale handsets are now less than $200. Will this really hurt demand that much? I doubt it. Subsidy ranged between $60-$100. In early 99 handsets were more than wholesale today subsidized yet even with economic turmoil sales were robust. Carriers will need to compete more on airtime discounts with a lower long term usage cost to consumers including a non subsidized handset. After all airtime is the real expense handsets are seen a a necessary evil for carriers to generate minutes of usage and revenue. I believe Korea made this same announcement a year or so ago. Non event