Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (76515)	7/13/2000 10:04:57 AM
From: Ruffian	Respond to of 152472

China Transfers Mobile Phone Businesses From Military to Unicom, Studies CDMA An WSJ.COM News Roundup BEIJING --The mobile phone businesses of China's military, Great Wall Telecommunications and Century Mobile Communications, are being transferred to state-owned China United Telecommunications Ltd., or Unicom, a senior government official said Thursday. Ministry of Information Industry's Deputy Director General of Planning Jiang Shaobing said the transfer of the two units is required under government policy that the military can no longer operate businesses. China Telecommunications Corp. -- the nation's No. 1 telecom company and the army's joint-venture partner -- has no right to operate Code Division Multiple Access, or CDMA, mobile telecommunications networks, Mr. Jiang told a news conference. "That's why Great Wall has been transferred to China Unicom. The transfer process is underway now," he said. Asked if the transfer included Century Mobile, Mr. Jiang said: "All the mobile network businesses will be transferred from military units to China Unicom." China has licensed two mobile telecoms companies: China Mobile Communications Corp., parent of China Mobile (Hong Kong) Ltd., and China Unicom Corp., the parent of China Unicom Ltd. which went public last month in China's largest initial stock offering. Army-run Great Wall Telecom was permitted to run trial networks in four cities employing CDMA technology developed by U.S. Qualcomm Corp. Networks run by Unicom and China Mobile use the competing European GSM standard. China's government has been trying to restructure Great Wall and transfer its networks out of army control in keeping with a 1998 decision to strip the military of their business units. The transfer of Century Mobile to China Unicom also appears to be part of that process. China is still considering which of the new generation CDMA technologies it will adopt as the national standard, Ministry of Information Industry Deputy Director General of Telecommunications Administration Zhou Baoxin said. The initial CDMA technology, which is designed for voice transmission, is expected to be superseded by a new standard capable of data transmission which will enable mobile phone users to connect to the Internet. Mr. Zhou said China is studying W-CDMA and CDMA 2000 as well as TS-CDMA, which has been developed by the China Academy of Telecommunications Technology. "Now we are trying to have a full analysis of those standards, so it hasn't been decided yet whether we will select one standard or two standards," he said. "Of course, we will put more effort into the study of our own standard of TS-CDMA." Despite the move to a new standard, officials denied the rollout of the existing CDMA network has been suspended. "They [the media] say this activity has been suspended but I can tell you that this service still continues," Mr. Jiang said. "For the actual implementation of CDMA, [China Unicom] did have some problems with their rules of procedure," he said. China Unicom now wants to adjust its initial plan of rolling out second generation CDMA and use 2.5 generation CDMA technology, Mr. Jiang said. MII and the State Development Planning Commission are "studying this issue," he said. On June 4, Unicom confirmed that it would stick with its GSM network and wouldn't use CDMA. It later promised to build another kind of CDMA network using next-generation technology that should, eventually, generate revenue for Qualcomm and U.S. vendors. For now, CDMA accounts for no more than 1% of China's mobile-phone market. Officials also suggested that trials still have a long way to go before China approves the widening of access to Wireless Application Protocol, or WAP, technologies. Mr. Zhou said recent WAP trials by both China Mobile and China Unicom have revealed that existing GSM networks are still too slow to provide adequate Internet service. The trials connect WAP-enabled mobile handsets to the Internet, but data transfer rates on the GSM network are slow compared to fixed line connections. "[Ongoing trials] mainly use the existing GSM handsets to browse the Net contents so the speed is around 9.6 kilobits a second," Mr. Zhou said. "Since the bit rate is quite slow, it is quite difficult to browse information on the Net." Mr. Zhou said the adoption of new generation GSM technology and 2.5 Gen CDMA will allow the trials to use a higher bit rate and solve the current problems. "The bit rate could be raised to 115 kilobits per second and then we will have a better application for WAP," he said. "In short, now we are trying to follow the trends and also further study these WAP applications."

To: Uncle Frank who wrote (76515)	7/13/2000 11:54:09 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 152472

Uncle Frank, Rather than a system, gorilla gaming is a set of tools designed to help individual investors discover great companies. "System", "set of tools": I say tomayto, you say tomahto..."Set of tools" is fine if you like that phrase better. I am not sure what the hell I use. Perhaps my gut. Since reading Dr. Moore's book 24 months ago, GG tools have led me to a portfolio consisting of core holdings in csco, qcom, gmst, sebl, and ntap. I rest my case <gg>. I guess I go back to the old Zen saying: "If you see the Buddha in the middle of the road, kill him!" [I'm paraphrasing...Tim can probably give the correct quote.] QCOM was a Buddha for me as for many, but when the model/idea/ideal/image of QCOM started to overtake my perception of the world as it unfolds, it was time to bash the statue. I cashed out all my QCOM at an average of 126 and went 100% SDLI. That was a hard switch to make, and I cannot tell you what system or set of tools caused the switch. But I can tell you that my total returns are, ahem, slightly ahead of the market averages. I will never rest my case....No rest for the wicked!!!!! LOL!!!!!!