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


To: John Biddle who wrote (31452)1/21/2003 12:18:46 AM
From: John Biddle  Read Replies (1) | Respond to of 197253
 
MARKET TALK/HK: CU Outperforms CMHK After Dec Numbers
1203 [Dow Jones]
Tuesday January 21, 12:04 PM

sg.biz.yahoo.com

China Unicom (0762) outperforms China Mobile (0941) after both release Dec operating figures; Guotai Junan analyst Xin Yi calls CDMA a double-edged sword, but says that upside outweighs downside: "Unicom is expected to incur CNY950 million startup loss for last year (FY02), however, a turnaround (in CDMA operation) this year will underpin Unicom's profit growth." Xin forecasts Unicom's FY03 EPS to grow 41% on-year to 45 HK cents (vs Multex consensus estimate of 41 HK cents). Unicom up 1.8% at HK$5.8; CMHK up 0.5% at HK$19.05. (RLI)