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To: Bill Harmond who wrote (745)6/6/2000 11:54:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 57684
 
From the China Unicom ipo prospectus:(what did I tell ya? Qcom never had a contract with China Unicom and are avoiding any public statements to clarify this. Only a retired chiropractor could tolerate the physical toll of sitting in this chair for 20 hours a day, trying to figure out this bullshi*. Next time I am sticking with my wmi investment at 14. garbage is easier to figure out.)

"Our controlling shareholder has a license to provide CDMA cellular telephony services in China. Our
controlling shareholder may use its ability to influence our cellular business in a manner that may not
be in the best interests of our other shareholders.
Our controlling shareholder, Unicom Group, holds a license to operate a nationwide cellular services
business using CDMA technology, which, if developed, could compete directly with our GSM cellular business.
Unicom Group has the ability to influence our business decisions in relation to our GSM business through its
control of our board of directors and its votes as our majority shareholder. Unicom Group has the ability to cause
us to enter into transactions and adopt business actions that are not in our best interests...."
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