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


To: Ruffian who wrote (10559)5/9/2001 6:46:36 PM
From: quartersawyer  Respond to of 197248
 
re: DoCoMo's i-mode numbers

DoCoMo consistently abuses the numbers, insisting that all subscribers are "users". All new subscribers are issued handsets with the "i" button, then counted as users. Net profit increases are ascribed to i-mode success, but almost undoubtedly by funny accounting, too.

The pitch is to the operators. If AWE adopts a form of i-mode to GPRS, it will be painfully dull compared to speed-enabled applications on competing 1x networks.

Still, it's clear that people will use the services. The naysayers lack imagination.



To: Ruffian who wrote (10559)5/9/2001 10:20:17 PM
From: Ibexx  Read Replies (1) | Respond to of 197248
 
5/09 20:58
Asian Stocks: Japan Mixed as DoCoMo Falls; Korea's Hynix Gains
By Tomoko Yamazaki

Tokyo, May 10 (Bloomberg) -- Japan's Topix index fell, led by NTT DoCoMo Inc. after the world's second-biggest wireless company said profit growth will slow this fiscal year as competition intensifies.

Leaving the market mixed, Ricoh Co. rose after Japan's second-largest office equipment maker yesterday said second-half profit rose as it gained U.S. market share from Xerox Corp. A weakened yen also buoyed the value of its overseas sales. The Topix lost 0.2 percent to 1389.10, while the Nikkei 225 stock average rose 86.68, or 0.6 percent, to 14,171.53.

Any ``bright spots in DoCoMo's earnings have already been factored in,'' said Kunihiro Hatae, a manager at Tokai Tokyo Securities Co. ``There's still enough uncertainty about tech companies to make investors sell shares.''

In other markets, Korea's Kospi rose 0.5 percent,
third quarter profit tomorrow.

DoCoMo, Japan's biggest company by market value, fell 2.7 percent to 2.57 million yen after saying it expects net income to increase 6.7 percent this year, a drop from the 45 percent growth in the year just ended. Some investors also fret increased competition from the entry of U.K.-based Vodafone Group Plc in Japan will lead to more price discounts.

``DoCoMo's efforts to battle competition by cutting rates is worrisome,'' Tokai's Hatae said.

<snip>

______

Ruffian, back to you! :-)

Ibexx