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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JMD who wrote (9825)	4/14/1998 5:56:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 152472

Mike, back in July of 1997, there was an article, which I can't seem to locate now, clearly stating a similar position that China was and apparently still is taking regarding competition and concerns about having just one standard. As far as I know, all the Great Wall stuff is ready to roll for the three trial cities. I don't know what is holding them up. Business practice in China still concerns me. Zhu Rhunji is cracking down heavy on the corruption but who knows how far that will go. He already nailed the mayor of Beijing and more heads are bound to roll. I would be shocked if all companies doing business in China are not directly or indirectly involved in some scheme to "take care" of a few key individuals. This just adds an unpredictable factor. As an example, a country that does not have any anti-corruption laws would be at a tremendous advantage, if they can bribe for business in a manner that US companies cannot risk. It is good that they held a big CDMA gala in Beijing but I would much prefer that they just show us the money. btw, what is this Bear stuff. There is a minor league team doing pretty well in Qualcomm stadium now. Ramsey