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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999 -- Ignore unavailable to you. Want to Upgrade?

To: GO*QCOM who wrote (302)	6/4/2000 12:09:00 AM
From: GO*QCOM	Read Replies (1) \| Respond to of 343

China Unicom upgrades plan Date: 06/04/2000 Page: 1 Author: WANG CHUANDONG, Business Weekly staff China Unicom, reaffirming its proposed CDMA project, plans to modify its already-designed construction proposal from a narrow-band mobile system to a third-generation CDMA 2000 system. It has been widely rumoured that China Unicom would cancel the long-delayed CDMA project because of timing problems and costs. A senior official from China Unicom told Business Weekly that the company will never give up the CDMA project, its best shot at competing with China Mobile. "The timing of constructing a narrow-band CDMA system has become unfavourable, so we plan to build a Wide-band CDMA (WCDMA) 2000 network," said the official, who declined to be identified. The company had planned to provide CDMA services this summer. The nationwide mobile network, with a designed capacity of 50 million lines, will require investment of more than 100 billion yuan (US$12.1 billion). "We have to minimize the risks of such a huge investment," said the official. The expected project adjustment means that two years of preparations for a CDMA project will be shifted to serve the new goal. Although a February agreement with Qualcomm, a US-based telecom firm, could be cancelled, the company is still expected to be a big winner in the deal. Experts say that intellectual property rights (IPRs) to more than 50 per cent of the technologies used in CDMA 2000 systems are held by Qualcomm. On a technological level, the US-favoured CDMA (code division multiple access) system is the same as Europe's GSM (global system of mobile communications), which is widely used in China. Industrial experts said the timing of CDMA deployment is poor because of the anticipated introduction of third-generation of mobile communications (3G). There are two main 3G technological standards, the CDMA-supported CDMA 2000 and the GSM-generated WCDMA. In contrast to narrow-band GSM and CDMA networks, 3G telecom systems, which are likely to be commercialized in 2003, will enable much faster wireless transfers than current systems for things such as video images and other multimedia. Song Junde, a professor from Beijing University of Posts & Telecommunications (BUPT), said it would take at least two years for China Unicom to begin a CDMA 2000 project because a CDMA transitional system will enter the market next year. "China Unicom has gained an unparalleled position in China's future mobile telecom market, no matter whether with a narrow-band CDMA or a wide-band CDMA 2000 system," said Song. The State Council last year authorized China Unicom to solely construct and operate a CDMA network in China. Sources say that the military-supported Great Wall Telecom, which operates trial CDMA systems in four cities, will be eventually allocated to China Unicom.

To: GO*QCOM who wrote (302)	6/4/2000 7:54:00 AM
From: GO*QCOM	Respond to of 343

QUALCOMM & GLOBALSTAR TO SHARE A VERY BRIGHT FUTURE>>>>>>To: Ramsey Su who started this subject From: Ruffian Sunday, Jun 4, 2000 1:34 AM ET Reply # of 11458 On QCOM and GSTRF/LOR since you're interested: "Last night I attended the San Diego Regional Economic Development dinner and George Gilder was our guest speaker. First of all, thank you George; it was a distinct honor and pleasure to hear your insights. I will attempt to summarize what George had to say; forgive me if I miss some of his points; I know that I am not in his league. George reiterated his strong belief in CDMA and Qualcomm. He assured his San Diego audience that if we thought things were great in San Diego now, we haven't seen anything yet. The future of Qualcomm and all it's CDMA technology companies in San Diego would be brighter than any of us could imagine. He talked at some length about Globalstar. He said that the heavy present handsets would get much smaller and lighter, meaner and leaner as each new generation of handset came out. This will happen sooner than later. Also, the costs will come down. He said all of us baby boomers would be driving around in our SUV's and boats with globalstar antennas on top. He reiterated what a great technology globalstar has and sounded positively upbeat about the future. He mentioned the two scarcities we suffer from today are time and the span of life. He talked about how everything today wastes our time, most of all tv and all the advertising connected to it. He mentioned when wireless gets streaming video off the internet, tv and all it's related advertising industry will be history. He talked a lot about bandwidth and how abundant it will be how it will describe our new paradigm. Qualcomm and Globalstar were the two companies he directly mentioned and he was absolutely positive about their bright futures. At the end he answered a question about Greenspan. He stated that Greenspan is off the mark. We are in a period of material abundances and increasing productivity and prices are being pushed lower, not higher. He said Greenspan is not accurately gauging the increases in productivity. In closing, he said that the next 10 years will bring tremendous upside surprises. Innovation is always a surprise or it would not be an innovation. That is why all these economists and prognosticators are always so negative and always miss on the downside the tremendous growth in the economy because they do not factor in all the innovations that are always a surprise. Thank you again George; it was an honor and thrill to see and meet you in person." Got this off another thread........ View Next 10 Messages \| Respond \| Previous \| Next Bookmark this Subject Ignore this Person View SubjectMarks Show Quote/Chart Terms of Use