Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (25428)	5/27/2000 12:48:00 PM
From: tripperd2	Respond to of 54805

I agree with your point Chaz(2) it may have been the late hour! I felt Ruffian's post was informative-but it does not change my take on QCOM. Unlike some of the "older" G&K threadmates here I have a higher cost basis on my QCOM-about $112.00. Despite all the dire news about China, I am more comfortable with my investment here than any other holding. I remember when I first read the manual, it was like a light bulb going off in my head- They are talking about Qualcomm. If I had more cash I would certainly buy more. Sorry for any misunderstanding. Regards, Trip

To: gdichaz who wrote (25428)	5/27/2000 1:25:00 PM
From: Eric L	Read Replies (1) \| Respond to of 54805

Cha2, << Respectfully disagree that this particular post by Ruffian is an "excellent post" and would suggest that it is particularly dangerous for "those who do not follow the New Qualcomm thread" >> I thought that I should comment on this before I deliver my "pep talk" on QCOM per Tek's request. IMO, this is a pretty good article on the state of mobile wireless telephony in China and the barriers to the implementation of CDMA there. It does however have a "feed from GSM" and perhaps from "anti Qualcomm sources" but that is not the only feed. There are a lot of good solid and important fact in the article. For anyone that wants to include "CDMA in China" as a rationale for investing in Qualcomm, this represents important counterpoint to the viewpoint frequently expressed on the Qualcomm S&P 500 thread or in CDG press releases. While the facts in the article are, "on balance" reasonably accurate, I do not agree with all of the authors conclusions. I happen to think that cdmaOne will eventually be implemented in China, but like the future subscriber growth projections that Terry Yen recently made on behalf of CDG, I exclude it from any short term analyses of Qualcomm. CDMA adoption in China potentially represents a lot of upside, but I am not investing in Qualcomm on any near term possibility of same. I do take issue with one statement by the author: << "GSM and CDMA, two *incompatible* second generation wireless standards" >> The two standards are no longer "incompatible". cdmaOne can build out beside GSM. The recently approved (by TIA & ITU) CDMA SIM/R-UIM standard will allow interoperability between GSM & cdmaOne and SIM card providers are ready to deliver SIM cards today, while handset manufacturers are ready to roll out dual-mode handsets by the end of the year. If Unicom builds out cdmaOne, the cdmaOne subscriber can roam on the established GSM infrastructure. Same applies if cdmaOne is migrated to cdma2000 in existing spectrum while UMTS rolls out in new spectrum. Handsets will be interoperable. But forgetting UMTS for the moment, one of the most important paragraphs in the article is this one: "Another factor possibly at work in the Chinese Government's foot-dragging on CDMA is its recent strenuous efforts to develop and promote a proprietary 3G wireless standard of its own, known as TD-SCDMA (Time Division Synchronous Code Division Multiple Access). Although most of those familiar with the project see it as too-little-too-late and unlikely to succeed in the near term, the Chinese 3G standard was accepted by the International Telecommunications Union (ITU) last year and many expect the government to make a run at pressuring the industry into cooperating on its development." Keep your eye on TD-SCDMA. It is one of the recently approved standard for air interfaces for a reason. << "I've gone back and reviewed Dr. J's claims over the past 18 months, and he's batting 1000" [cuf]. I ain't gonna touch that one. <g> I'm REALLY glad cuf did not comment on Perry LaForge. <<Think I'll leave my bet on the table >> Me too! << Ruffian ... his clips of articles are agnostic, his views are his own, and positive re the Q >> Hey, that's me. Brother Ruff and I are cut from the same cloth. - Eric -

To: gdichaz who wrote (25428)	5/27/2000 3:11:00 PM
From: Ruffian	Respond to of 54805

China Supports Unicom in Telecom Competition Saturday, May 27, 2000, updated at 11:02(GMT+8) A high-ranking official from the Ministry of Information Industry said that the government will continue to support the development of China Unicom to help it become a formidable competitor in the telecom market. "We will give China Unicom more preferential policies to help it grow," said Zhang Chunjiang, vice-minister of the information industry, in an interview with Xinhua. He noted that China Unicom is a new company on the market and needs support. "Otherwise, it is difficult for it to grow up." China Unicom is now allowed to provide telecom services at a price 10 to 20 percent lower than that of its major competitors, China Telecom and China Mobile. It is also exempted from providing universal services in the country. "But when effective competition really takes shape, or when China Unicom and China Mobile have a similar market share, these preferential measures will be abolished," Zhang said. China Mobile, the country's largest mobile telecom operator, currently boasts 90 percent of the mobile market share. Zhang also noted that the best way to support China Unicom is to let it grow and run the Code Division Multiple Address (CDMA) network. China has 1.25 billion people, which is a large potential mobile phone market, he said, adding that the CDMA is one of the two trends in the development of the third-generation mobile telecom. Experts agree that the evolution of the third-generation mobile technology has moved in two directions, from GSM to Wide-CDMA and from CDMA to CDMA2000. Zhang noted that China has started following the research and developments of the third-generation mobile network, and a special team has been set up in the ministry to take charge of license issuing and fluency using for the third generation. Within the year, the team will make public the requirements for the operation of the third-generation mobile network for open assessment. With China's market continuing to open, keen competition has emerged in the telecom sector. But only China Unicom is entitled to operate a wide range of businesses, from fixed phones and mobile phones to data and paging. China Telecom is now engaged in fixed phone operations, and China Mobile includes mobile telecom services. peopledaily.com.cn