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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (9956)5/29/2001 2:07:49 PM
From: Triffin  Read Replies (1) | Respond to of 19633
 
Hi Tom ..

XING .. any thoughts on why it jumped Friday ??

Only thing I can come up with is that resolution
of the 'spy plane' incident appears imminent and
that takes some pressure off Chinese equities ..

Jim in Ct ..



To: Tom Hua who wrote (9956)5/29/2001 2:25:44 PM
From: gladman  Read Replies (1) | Respond to of 19633
 
This could be the driving force behind XING runnup.

>>Guangdong province of China opened its CDMA network this Monday. It can accomodate 1.8 million users and will expand into neighboring provinces. Qiao Xing is located in Huizhou of Guangdong Province<<

The rumor in 99' was XING to be awarded authority to market QCOM's CDMA technology/cell phones exclusively in the Guandong province which has 100's of millions of potential users. Additionally, XING was to partner with a manufacturer the phones.