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

To: Ramsey Su who wrote (14045)	8/23/1998 11:21:00 AM
From: DaveMG	Read Replies (1) \| Respond to of 152472

S.KOREA: Seoul benchmark plan By John Burton in Seoul Seoul plans to adopt the three-year state bond as its benchmark instrument, similar to US Treasury bonds, in a move seen as encouraging foreign investment in the local debt market. Diversity of bond types and lack of a uniform pricing mechanism have been cited as reasons why foreign investors have not entered the debt market in strength, though it was opened this year under the International Monetary Fund's $58.5bn (œ36bn) rescue package. Three-year corporate bonds have been used as the benchmark rate, but their role is decreasing due to the growing risks of insolvencies. The finance ministry said a planned increase in state bond issues was meant to bolster growth of the depressed bond market and encourage companies to reduce reliance on borrowing from troubled banks by turning to direct financing. The amount of state bonds is expected to rise to Won72,900bn (œ33.9bn) by the end of 1999 from Won28,500bn last year, as the government seeks to finance a widening budget deficit. The number of different state bonds will be cut to improve trading transparency, with three-year issues accounting for half of total state bonds next year, against 15 per cent now. State bond issues now account for 6.8 per cent of gross domestic product, against 50 per cent in Japan and 70 per cent in the US. To promote liquidity in bond trading, banks will be allowed to deal directly in state bonds rather than using securities houses as brokers. Individual investors, now banned from government bond auctions, will be able to submit bids through primary dealers. Korea will tighten procedures for corporate bond issues to meet international standards. New corporate bonds must be underwritten by at least three institutions, each taking over a minimum 20 per cent of the issuing face amount. ft.com

To: Ramsey Su who wrote (14045)	8/23/1998 12:01:00 PM
From: Jon Koplik	Respond to of 152472

To all - more O.T. silliness - a gopher story : August 23, 1998 Gopher Cuts U.S. West Phone Service A.P. INDEXES: TOP STORIES \| NEWS \| SPORTS \| BUSINESS \| TECHNOLOGY \| ENTERTAINMENT Filed at 12:09 a.m. EDT By The Associated Press PORTALES, N.M. (AP) -- A gopher apparently chewed through a fiber optic cable Saturday, cutting 911 and long distance phone service to about 6,800 U.S. West customers here. ''We think it's a gopher chew,'' said Deborah Sedillo Dugan, U.S. West spokeswoman in Albuquerque. The 1/2-inch thick cable was buried 4 feet underground. The break occurred just north of Portales, 20 miles from the Texas border. The cut cable also blacked out, for a brief period, communication between the airport in Clovis and the Albuquerque International Airport. Sedillo Dugan said cell phones were used to direct planes flying between the two cities during that time. Service to the airports was restored by 6:43 p.m., Sedillo Dugan said. ''We got them up and running right away,'' she said. U S West officials late Saturday could not say when service to the affected customers would be restored.

To: Ramsey Su who wrote (14045)	8/23/1998 5:31:00 PM
From: Sawtooth	Respond to of 152472

Ramsey: When Off Topic posts are submitted, they are usually marked "OT". Since most of the posts are usually reasonably On Topic (re: Qcom), the "OT" instantly identifies the post as Off Topic. Now, however, the majority of posts are Off (the Qcom) Topic so an "OT" indicator would have to mean that an "OT" prefaced post is about Qcom, since it is Off Topic to the major thread of discussion. Confusion is compounded when one realizes that "OT" could stand for either Off Topic or On Topic; the designation of "OT" has now lost its value. I hereby formally request a clarification from the Official ThreadMaster, The Most Surf-worthy of the Thread, He who Hangs Ten on the Crest of the QualComm Q. JMD, your promulgation is sought in this matter. Ramsey - All in cash? Regards. ..Tim