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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (11545)6/5/2000 9:57:00 AM
From: kech  Read Replies (1) | Respond to of 13582
 
I just talked to a friend who indicated that this approach to negotiating is business as usual for China.

When Chrysler negotiated a deal to make jeeps in China, China almost signed a deal, then went to Daimler (pre-acquisition of Chrysler) who wanted to make jet engine parts in China. They were willing to throw in their mini-van design for nothing. China took this back to Jeep and then demanded to produce spare parts in China for Chrysler worldwide. You get the idea...

Another example was between Boeing and McDonnell Douglas. China wanted some 5 spindle milling machines in an Ohio plant that were on the banned export list. It offered a huge deal to buy McDonnel Douglass planes if they could buy the plant, machines and all. McDonnell Douglas got their lobbyists, through Ron Brown, to push congress to allow the sale of the plant for all the jobs to be created by the plane purchase. The sale of the plant went through. China cancelled the sale of the planes. The spindles machines were exported to China successfully. China produces Su-30s (Russian designed fighter planes) with these spindle machines today.

These examples really make you open your eyes to what is happening in this "W-CDMA2000" fiasco. Intentionally misreporting to lead the Europeans and the US along is definitely the order of the day. I just hope I. Jacobs doesn't blink and give up something for nothing.



To: Keith Feral who wrote (11545)6/5/2000 10:00:00 AM
From: foundation  Respond to of 13582
 
<<"This is very good news for the Q, as DoCoMo was saying last week that they wanted to buy a big piece of SK Telecom.">>

DoCoMo has visions of dominating wireless applications operating systems. It's strategic plan is to buy its nose under alot of tents and get its commerce OS widely used. I doubt telcoms will be any happier at the thought of possible DoMo dominance than Q's. Possible loosers if DoMo gains traction - INSP, YHOO, IIIM, AETH....

regards,
blg