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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (457)	7/7/2000 5:56:14 PM
From: quidditch	Respond to of 197566

Art, my point was to show how relatively little time had passed between the Korea of the early 1990's, when the Gov't strictly controlled many aspects of the private sector, including foreign participation/penetration into "domestic" and export markets, and now. Granted, Pres. Kim Dae Jung has liberalized, but Korea is still far more similar to a Japan, where the several ministries exert extensive control over economic and regulatory developments in the sectors under their jurisdiction, than it is to the US. One has only to note the tango played out in the press releases over the past month in terms of how much control the Ministry would exert in the unveiling of the whole 3G epic: how many licensees/what standards/what technology/what type of selection process, all tightly orchestrated. If you believe some of the statements attributed to them, the carriers did not know whether or not a technology standard would be mandated or whether they could deploy according to their analysis of the market and what represents the best economic choice. This represents the Korean solution, rather than a purely market-driven solution, to the realization of 3G. Steve Steve