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

To: Caxton Rhodes who wrote (5171)	12/4/2000 4:36:30 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 197226

Well Caxton, this should be good for a couple of $$ billion profit to China in canceling the Memorandum of Understanding or saying there was a slight misunderstanding. We could guess they might have bought last week in anticipation of the announcement and might cancel by Xmas after the runup and after they have shorted 20 million shares. Call me cynical! This is very like the little boy who cried wolf. But one day, they WILL order and take delivery of and even pay for CDMA infrastructure and handsets. So, I guess Q! should be up $10 tomorrow? <However, that deal had been plagued by an on-again, off-again, on-again status that put Qualcomm shares on a rollercoaster and frayed the nerves of executives. After concerted lobbying by Chinese manufacturers with a stake in developing CDMA-based equipment, Unicom announced in October that it would roll out a current-generation CDMA network. ``The next step, of course, is for Unicom...to be placing orders with manufacturers to build out infrastracture,'' Jacobs said on Monday. ``Some of those orders will go to foreign manufacturers, some to joint ventures, some to Chinese manufacturers.''> Yawn! Mqurice