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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (27493)	7/8/2000 12:23:32 PM
From: gdichaz	Respond to of 54805

LindyBill: You are of course right, the LA Times is verrry influential. I would therefore suggest that the lead paragraphs should conform to the real world. The Bloomberg and Dow Jones stories did not reflect Korean stories, nor Korean "announcements". They were made up for US consumption out of whole cloth. They were cut and paste. The LA Times's excuse for such inaccuracy is to hide behind the financial press services. Sad. But as you say, influential. Since this is what happens in mainstream press, thanks for SI. Best. Cha2 PS Note there are no stories in Korea itself similar to those in Bloomberg or Dow Jones yet - a day later. No decision has been made at all by the companies nor the government. At least none have been announced in Korea.

To: LindyBill who wrote (27493)	7/8/2000 1:27:20 PM
From: Dr. Id	Read Replies (1) \| Respond to of 54805

Mike, here is a good example of the FUD that I believe will continue to depress the stock price. Todays LA Times lead article in the business section. They are verrrrrry influential. Lindy, It's interesting...I read the LA Times article this morning, and had the opposite reaction. I actually thought that aside from the headline, it was a pretty even article (I didn't see it as FUD). Particurlarly the following paragraphs were VERY positive and suggest a market over reaction: Although South Korea is Qualcomm's biggest market, analysts said investors overreacted to the news because the rival systems are based on Qualcomm's code division multiple access, or CDMA, technology and will result in substantial royalties for the firm. "For any variety of CDMA that's chosen, Qualcomm will benefit," said Mark Lowenstein, global wireless analyst for the Yankee Group in Boston. "The future of CDMA technology in general is looking even stronger." Dr.Id@holdingandpraying.com