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To: TobagoJack who wrote (8504)	9/8/2001 12:50:31 AM
From: elmatador	Respond to of 74559

<<I cannot just drop your future business plan off in his living room.>> ROTFLMAO!!! His bodyguards will be puzzled why a Filipino houseboy-looking French Creole Trinidadian Chinese is trying to flog a geewhiz telecom plan:0) LOL I can imagine this headline in the 'South China Morning Post': "Filipino tea boy fall from 50th Floor. Police suspect suicide. Still studying the papers he clutch on his hands as he fell."

To: TobagoJack who wrote (8504)	9/8/2001 5:24:27 AM
From: smolejv@gmx.net	Respond to of 74559

>>No Elmat, to anticipate your question, I cannot just drop your future business plan off in his living room. << No need to do that either. I am sure he's been lurking for the last 8 months on this thread. Or (gasp) he's been active (Mq?!) dj

To: TobagoJack who wrote (8504)	9/8/2001 6:31:05 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hmn, what is up? technology.scmp.com CHUGS Tuesday, September 4, 2001 Li lifts stake in Tom.com flagship BEN KWOK Li Ka-shing has lifted his stake in his Internet flagship Tom.com for the first time since its listing in March last year. Mr Li last week spent HK$5.07 million buying 2.7 million Tom.com shares at between HK$1.86 and HK$1.90, according to Hong Kong Exchanges and Clearing. His stake was raised to 1.3947 billion shares, or 43.32 per cent of the company. The company's shares have fallen from a high of HK$12.30 to an all-time low of HK$1.86 at yesterday's close. Tom.com's offer price was HK$1.78. Chow Hoi-suen, an individual substantial shareholder of Tom.com, also reported to the exchange yesterday that she increased her holding by 11 million shares via her company Cranewood. Mr Li earlier this year bought a majority 30 per cent stake in United States online travel company Priceline.com and helped turn around its fortunes to record a profit last month. The Tom.com purchase followed a buying spree among Cheung Kong (Holdings) group directors led by chairman Mr Li who bought 100,000 shares. He also bought 130,000 Hutchison Whampoa shares and paid a total of HK$151 million. The exchange also disclosed yesterday that Mr Li bought another 300,000 Cheung Kong shares last week at an average price of HK$72.375, and 170,000 Hutchison shares at an average of HK$67.50. Mr Li paid HK$33.18 million, but both counters fell below his entry price. Cheung Kong closed 0.69 per cent lower yesterday at HK$71.50 while Hutchison closed 0.38 per cent down at HK$66.25. Meanwhile, Hutchison is reportedly asking bankers for a 9.75-year loan to finance its Italian third-generation operation. A tentative arrangement involves raising a 3.2 billion euro (about HK$22.6 billion) loan in a proposed ratio of two-thirds recourse and one-third non-recourse financing, according to weekly capital magazine Basis Points. The non-recourse portion, which meant Hutchison would not bear any responsibilities should the venture fail, would be priced at 250 basis points above the Euro interbank offered rate, Basis Points reported - higher than a similar deal the company secured in Britain in April. The proposal for the two portions will fall away over time as the company meets performance tests on its subscribers, turnover and other operating measurements. UNCHUGS

To: TobagoJack who wrote (8504)	9/8/2001 8:57:15 AM
From: elmatador	Read Replies (2) \| Respond to of 74559

"Mr Li's expression of optimism for 3G networks contrasts sharply with the mood of depression that hangs over the industry more generally. A key reason for the poor sentiment has been the growing belief that prospects for next generation networks have been vastly exaggerated. That is the view of Professor Peter Cochrane, until recently the head of technology at British Telecom. In an interview broadcast last night he said that some telecoms companies may collapse under the financial strain of trying to develop and run third generation mobile phones. Speaking on BBC's The Money Programme, Professor Cochrane said: "Make no mistake about it, this is a fairly serious game of poker. To make 3G pay, everybody's got to have one and be very avid users indeed. I don't see this happening." 3gnewsroom.com COMMENTS: One of parts of the essential -that the bikini doesn't show- is that every player is treating 3G as a next generation. A continuation of 2G. It is not. Superman is expecting to create a few Oranges and then sell them out. It will be tough to pull it out. Under the effect of Kryptonite, even Superman needs help from the lowliest guy, Jay.