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To: Gregg Powers who wrote (15023)9/15/1998 3:11:00 PM
From: 2brasil  Read Replies (1) | Respond to of 152472
 
Gregg Thanx great post, I saw real clear, fear and greed operating with tbr telebras in the last week! what you think of G* GSTRF now?
at $11

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''The new voice-dial phone provides superior clarity and value with the ultimate in easy-to-use features,'' said Chuck Levine,
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''This phone makes it easier than ever to stay in touch with your family, your friends, and your business associates,'' said Peter
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phone takes care of the rest. Using this phone with Sprint PCS' outstanding nationwide service lets you forget about numbers
and keeps you focused on what's important -- clear communication.''

Beginning in September, Sprint PCS, the nation's largest 100 percent digital, 100 percent PCS nationwide network, will
exclusively offer the SCH- 2000 in Sprint PCS stores and other retailers across the country.

The SCH-2000 features a voice memo function, allowing users to record a personal note or reminder. The phone also features
a vibrating ringer for incoming calls. It also has additional standard features such as text messaging and caller ID.

The SCH-2000 weighs only 5.4 oz. and is less than five inches long. The unit has a five-line display and an active removable
flip. With a standard lithium ion battery, it features up to 2.5 hours of talk time or 35 hours of standby time. With an extended
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available exclusively from Sprint PCS and has a suggested retail price of $179.99.

Sprint PCS awarded Samsung Telecommunications America a $600 million contract in 1996 to supply Sprint PCS CDMA
PCS phones for use on the company's all-digital, nationwide wireless network.

Sprint PCS has the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States, already
serving 159 metropolitan markets which include more than 4,000 cities and communities across the country. Sprint PCS,
together with its affiliates and Sprint Corporation [NYSE:FON - news], has licensed PCS coverage of nearly 270 million
people in all 50 states, Puerto Rico and the U.S. Virgin Islands. Sprint PCS, with headquarters in Kansas City, Missouri, is a
partnership of Sprint Corporation, Tele-Communications, Inc. (TCI), Cox Communications, Inc. and Comcast Corporation
[Nasdaq:CMCSA - news]. For more information on Sprint PCS, please visit the company's website at
sprintpcsnews.com.

Samsung Telecommunications America, Inc. a Dallas-based subsidiary of Samsung Electronics Company, researches,
develops, and markets telecommunications and data communications systems and products throughout North America. STA
has five main business groups: Wireless Systems, Wireless Terminals, Networks, Business Communications, and Office
Automation. For more information on STA's products and technologies, please visit the company's website at
samsungtelecom.com.

Samsung Electronics Co., Ltd., a US $13 billion flagship company of the Korean-based Samsung Group, is a world leader in
electronics, with operations in more than 60 countries.

SOURCE: Sprint PCS

More Quotes
and News:
Comcast Corp (Nasdaq:CMCSA - news)
Sprint Corp (NYSE:FON - news)
Related News Categories: ISDEX, telecom



To: Gregg Powers who wrote (15023)9/15/1998 5:34:00 PM
From: Maurice Winn  Read Replies (2) | Respond to of 152472
 
Thanks for that Gregg. You have no doubt been away assuaging your clients' bear terrors. Welcome back. It is precipitous collapses which worry me most as there is little time for people to adjust their thinking or portfolios, margins, housing, jobs. It even takes time for the really desperate to find space on a high window ledge with a good view.

With AlanG's soothing comments, the economic strength of USA within its own borders and North American markets and a bit of time, it seems that the prospect of one of those free falling collapses is remote. Too much steam has been released from the pressure cooker.

I hadn't lost any confidence at all in Qualcomm or Globalstar. I had lost confidence in my grip on the two! With my margin rising like a bloody tsunami relative to market capitalisation, I wondered whether the crowds of imprudent, greedy, margin gamblers involuntarily turfed overboard at a panicked bottom would be joined by another venerable Kiwi. So far, so good. AZ GSTRF prices really made me think of the Schitt family.

What about the Samsung handset? Hot stuff. Since Korea has been removed from the map, I wonder where they produce them. Those will sell very well. The Q news continues well. With Q/Ericy have a little, discrete, ANFE in France while Irwin was over there in regard to cdma2000 as a global standard.

Meanwhile, I've done some scientific research on bear markets back to 1927. Since these indices are measured in money, which was earlier in the century attached to a gold standard, but now is a free-floating, unattached, abstract metric related more to the speed of its movement than the quantity of it, we need to bear in mind that these indices are, to some extent, a load of bull. [Jon's mind just went blank - Ed.]

To summarize. There have been few bear markets this century. [Ed - There have previously been centuries, but they were inhabited by troglodytes and farmers so don't matter]

The bear markets were, measuring them from the top before the drop to the time when the top was regained:

1929 - 1955 = 26 years.
1966 - 1983 = 17 years
1938 - 1946 = 8 years [occurring within the first one]
1946 - 1951 = 5 years [also within the first one]
1987 - 1989 = 2 years.

The rest of history is one huge, enormous, continuing and a fact of life bull market.

If we look at each of these bear markets, we see that there were some substantial bad things happening. The biggie was the depression and war. Those who think war economically productive should think about their reasoning and explain the correlation of WWII and Vietnam with bear markets.

The reasons for the great depression are fairly well documented. Blowing up the world is also self-evidently not good for production.

The 1966 - 1983 long flat Dow was largely due to oil hitting $40 per barrel. Endemic socialism, taxes and stuff, Vietnam and drug intoxication were biting in the late sixties then the oil crisis arrived in 1974.

1987 resulted from bad loans, speculation, overemphasis on property and hordes of neophytes loose in the markets. Corrected very quickly! Though not in NZ where we had gone financially berserk [me not included].

1946 to 1951 I don't know about - maybe overexcitement as the war came to an end. It wasn't much of a bear.

So, this scientifically proves that bear markets don't exist. There are just dips in one huge bull. Unless you get real mayhem like the events after 1929 through to the end of WWII. None of which look likely.

Mqurice
Dow 16000 Feb 2002 [maybe with me still on board - yippee]
Go Q.com. Maybe $80 by 30 September after all.



To: Gregg Powers who wrote (15023)9/17/1998 2:11:00 PM
From: dougjn  Respond to of 152472
 
Gregg, undoubtedly a very wise post.

The trouble is, the indices are only about 16% off their peaks at the moment. The peaks, as you acknowledge, were at all time high levels of valuation. Reflecting an all time perfect world.

The world now looks very, very different. With at least some possibility of some very bad things happening, even to us. And yet the market remains very highly valued. The indices that is.

Undoubtedly the Q is much less highly valued, over overvalued, than say Coke or Gillette or Lucent.

But some worries even for the Q remain, at least for me. Not so much for this current quarter, but for the year forward outlook.

Is the crucial infrastructure cross over really so assured going forward, when other than the U.S., Qcom sells almost entirely to the very places which are under the most pressure? From Mexico to South America, to Asia, the the former Soviet block? And aren't most infrastructure sales, as opposed to handset sales, overseas?

I'd love to hear these worries are not well founded.

I do think in many ways Qcom is in a relatively good position, given where they are in their business plan. Manufacturing learning curve being climbed, etc.

Doug