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

To: Maurice Winn who wrote (4089)	10/29/2000 10:20:22 PM
From: Maurice Winn	Respond to of 197271

From Eric Jhonsa; <All I'm saying is that, save for a few government-mandated contracts, I expect that most of the equipment and handsets used by Unicom and its subscribers will come from foreign companies. Maybe I'll be proven wrong about this. Time will tell.> Eric pointed out that I too was misinterpreting what he wrote. Okay, I admit on re-reading that I did exaggerate and misquoted him as meaning that China wouldn't have locally made infrastructure and subscriber equipment. So really, the question is one of how much they make; China's market share in their own market. Since the local companies will almost certainly have a strong foreign input, the same as QUALCOMM persuaded Sony to join with them to produce handsets several years ago, and since local costs are very low compared with Japan, Korea and USA, I suspect that local production will be about half the total produced with imported Nokia, Ericsson and other handsets making up the rest. We'll see. Meanwhile, Globalstar will report the last quarter results today, Monday [when the USA gets there]. Q! reporting a few days later. I expect more of the same and no 'upside' surprises from Globalstar. Mqurice