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To: Gregg Powers who wrote (13383)8/5/1998 6:04:00 PM
From: limtex  Respond to of 152472
 
Gregg -

Perhaps we ought to be reminding viewers that Hong Kong is in the Peoples Republic of China.

regards,

L



To: Gregg Powers who wrote (13383)8/5/1998 7:08:00 PM
From: Maurice Winn  Respond to of 152472
 
One other George Gilderism; he says that all business is seeking transient monopolies. I go along with that. What better transient monopoly than owning IPR for cdma2000? The patents have a few years to run. All business is monopolistic if you think about it. Even buying an icecream. There is only one seller right where you want to buy. You have to incur cost to check out another further down the road.

On Hutchison, thanks for clearing that up Gregg. I can see that the funding by Hutchison might have gone wrong. I'm holding a couple of hundred Paladin shares in Hong Kong. They own a couple of floors of some buildings. The share price has dropped from over HK$1 to HK$0.16.

They are barely worth a stamp to clear the damn thing up. I hasten to add that these are shares I'm holding as an executor of my father's estate. So don't think I've made a bad investment!

My point is, there has been a real pasting in property and other commercial efforts in Hong Kong since it became part of the People's Republic of China. So it is hardly surprising that Hutchison/that guy is having problems getting money.