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To: techguerrilla who wrote (20567)	5/27/2000 5:05:00 PM
From: RR	Read Replies (3) \| Respond to of 35685

Hi John: Good points about QCOM. Depends a lot on the type of investor. For example, you have probably seen my prior posts about QCOM all the way going back two months when I was perhaps the first on here to say I was getting out of QCOM. I believe some of my words were like "I ain't waiting on it anymore". I rolled out of QCOM two months or so ago and bought other techs, keeping my QCOM leaps, however. My style, though, is more aggressive and with a shorter time frame than most. Like I said the other day, for me, I'll just wait to get back in QCOM until, if ever, there is momentum in it again. But, I still have a substantial holding in QCOM for long term hold in my father-in-law's account, my Mom's account, and my sister-in-law's account. With those accounts, given the objective is long term, we wait.... I don't really worry about QCOM in those accounts. Long term, QCOM is a winner. So much of what we all post must be taken in the context of what objective is in mind. Each must weigh that against their time horizon, risk acceptance, and all the stuff. That is why I oftentimes remind folks when I post that my style is different than most, given my risk level is high and my positions aggressive. As you know, I say, "don't do what I do".... jokingly, but true as my style is not for everybody. I see a lot of folks in great fear about their situation right now, especially with QCOM. So many on the Porch are totally dependent upon QCOM. Hate to see anyone have to sell right now but I know that has to happen sometimes given one's situation. You make some very good points for the long term holder of QCOM. Shorter term objectives in mind would do better elsewhere than the Q I think. BTW, I believe 2003 QCOM leaps come out Tuesday. Might present good possibilities to buy them instead of the stock itself. Just think of the possibilities 2.5 years from now.... Rambling... Rick

To: techguerrilla who wrote (20567)	5/27/2000 5:31:00 PM
From: cowgirl-ona-1eyed-horse	Read Replies (1) \| Respond to of 35685

China Supports Unicom in Telecom Competition peopledaily.com.cn Saturday, May 27, 2000, updated at 11:02(GMT+8) Business China Supports Unicom in Telecom Competition 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. Print Discuss It Recommend to your friend In This Section China to Promote Business Exchanges in APEC Intl. Forum on China E-Commerce in Guangzhou Chinese Bank Increases Housing Loans SDB Asked to be Investment Adviser for U.S. Insurance Co. China to Open Up Silver, Gold Market Northern Border City Attracts Investment HK Registers Double-digit Quarterly GDP Growth 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. Advanced Search China Unicom to Open WAP Net BOC Finances China Unicom's GSM Expansion China Unicom Signs CDMA Agreement with Qualcomm -------------------------------------------------------------------------------- Copyright by People's Daily Online, all right reserved \| Mirror in U.S. \| Mirror in Japan \| Mirror in Edu-Net \| Mirror in Tech-Net \|