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

To: Ruffian who wrote (11793)	6/7/2000 9:03:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 13582

<Does anyone know why we've heard little about CDMA in India? Their population has also topped 1 billion and with the enormous urban centers, it seems like an ideal place for Qualcomm to push CDMA deployment. I searched through the company's press releases (back to Jan 1999) and didn't get a single hit mentioning India and CDMA. I haven't really looked into it but it just seemed strange the there was so much hoopla over China when India is almost as large, growing at a faster pace (expected to eventually pass China as the world's most populace nation) and who's government is not communist.> QUALCOMM has hired people from India and goofs around a bit there. India has been heavily socialist for half a century. They chucked the British out and thought that would make things better. Now they are even dumping English somewhat, which they think will make things better. They vote to stay poor. Democracy doesn't mean wealth - it simply means mob rule. If most people vote for poor, that's what you get. Of course they don't actually think "Gee, it would be good to be poor - let's vote it in". They do like the average New Zealander - ensure their economic ignorance, adopt an attitude of cargo-cultism, then vote in a left-wing socialist approach. Democracy and state-owned property and state control! Hey Presto, instant poverty. Also, it's hot in India. Temperate to cold in China. Until India votes to open their borders and let money flow freely with property rights, they'll stay poor. China is dumping state owned businesses into competition. They are allowing foreign investment big time. Stuff like that. Sure, they are totalitarian. But like Singapore, people quite like civilization, even at the price of some personal freedom and it can make them rich in a generation. Singapore was a dump 50 years ago before Lee Kwan Yew came along and made everyone stand at attention and lashed Yankee punks who dared to graffiti. New Zealanders used to go shopping in cheap Singapore. Now they come shopping here and are buying not consumer goods, but buildings and other assets. It's private enterprise, rule of law and property rights which make a place rich. It's not great DNA or democracy. Taiwan and South Korea are new to democracy, but they've been getting richer for decades. So when India decides to ditch their muck, they'll do well too. They are no hotter than Singapore! Singapore was also British-ruled. So was China. So was Hong Kong. They'll all be 3G CDMA by QUALCOMM by 2010. Billions and billions of subscribers!! There's not enough spectrum for GSM to be used. Mqurice

To: Ruffian who wrote (11793)	6/7/2000 9:22:00 PM
From: SKIP PAUL	Respond to of 13582

ITI gears up for hip e-look R Subramanyam BANGALORE 30 JANUARY LEADING telecom equipment maker, ITI Limited, said on Saturday that it will go all out to grab opportunities that are emerging due to convergence of telecom, information technology and entertainment technologies. Besides this, an action plan is being drawn up to look at new technologies such as GSM mobile radio, (global system for mobile communications), CDMA (code division multiple access), ADSL (asymmetric digital subscriber line) and WDM (wavelength division multiplex), said Mr S S Motial, chairman and managing director, ITI Limited. He said that ITI is being repositioned from being a manufacturer of telecommunications equipment to that of a total solutions company. Declining to elaborate, ITI he said is also looking at entering the IT enabled services business. ?We are looking at all possible business opportunities that are emerging due to convergence of technologies, so as to leverage on the large pool of human and infrastructure resources we have?, he said. Mr Motial said that the consulting firm PwC, hired by ITI to suggest ways in which it could improve its competitive edge, and define its long-term objectives will submit its report by end June. The Rs 500 crore order bagged recently from MTNL for the design, supply and installation of GSM-based equipment is exciting as besides its value, it gives ITI entry in wireless space and mobile space, he said. ?It gives us a very good edge on the 3G communication systems, the vision of IMT-2000?, he said. 3G is the generic term used to describe the next generation of mobile communication systems which will offer enhanced voice, text and data services. The vision of the International Telecommunications Union, called IMT-2000 is to create a global family of 3G mobile systems. Mr Motial said that Rs 22 crore has been sanctioned for R&D division, which will go towards renovation of the R&D complex, and undertaking research on some of the new technology areas that the company is gearing towards. The internal revenue target of Rs 1,800 crore for the current fiscal will be exceed he said. ITI?s internal target for fiscal 2000-2001 is Rs 2,200 crore. economictimes.com