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To: Ruffian who wrote (5167)5/31/2000 9:04:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 34857
 
I see you beat me to it but sounds like the street over reacted again. This up down swing is starting to remind me of RMBS.

Wednesday May 31, 8:00 pm Eastern Time

China Unicom says CDMA plans on track-paper

BEIJING, June 1 (Reuters) - China's number two state telecommunications company China Unicom has said its plans to build a
CDMA network are still on track, the China Daily newspaper reported on Thursday.

``We have not received any official document to call off the construction and deployment of a CDMA network in China,'' the paper
quoted an unnamed Unicom spokesman as saying.

Unicom officials were quoted this week by analysts in Hong Kong as saying plans to use current generation CDMA technology
developed by San Diego-based Qualcomm Inc (NasdaqNM:QCOM - news) were dead. That news helped drive down Qualcomm's
share price