Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ruffian who wrote (23480)	2/26/1999 1:57:00 PM
From: Jeff Vayda	Read Replies (2) \| Respond to of 152472

Cmon michael, do you even read these articles you post? (re;23477, 23480) It is bad enough to have multiple people post the same story but to have the same person post the same story - less than 2 hours apart!!! Jeff Vayda

To: Ruffian who wrote (23480)	2/26/1999 4:25:00 PM
From: Maurice Winn	Respond to of 152472

China and cdmaOne/cdma2000/HDR/WWeb and trade The worry over China denying cdmaOne a place in the future was funny. Of course they'll get what they can out of their GSM investment. Of course they won't build cdmaOne networks if they might not be the right chip rate for the future. Of course they'll help lean on Qualcomm to get the royalty rate down. Of course they will cave in as market, economic and technology developments force their hand. Of course they will agree to the cdmaOne test networks going fully commercial. Of course Ericy [and everyone else] are going to have to allow backward compatibility to cdmaOne. The cost of an overlay on GSM won't be that huge compared with the time value of filling in GSM networks in China [and elsewhere] to get them past the next couple of years until the WWeb networks are economic and subscriber equipment is available and cheap enough to justify the WWeb investment in networks. Meanwhile, cdmaOne networks will get underway in a big way and expand as the GSM expansions decrease and the switchover occurs - slowly at first but then in an avalanche effect, same as from analog in the USA to cdmaOne. As Tero says, handset life is short [a year is a long time in a handset's life]. China will sort out who owns what and cdmaOne will start rolling out. They might play a bit of 'everage on trade with USA' using cdmaOne as a bargaining chip while they are sorting it out, but it's too important to wait too long. It makes very good sense for China to be doing what they are doing. How about those minute prices in Europe! Wow! In Finland they are much cheaper, which explains why so many Finns use GSM. It's a price elastic business. The European bureaucracy has ensured roaming everywhere on a single standard which few can afford to use. Globalstar and WWeb are going to trundle over the top very quickly. This will be fun! Zhu seems know what's up [he looks like this 1011100011111101011000111111100111111101010111111111111.....] he'll get cdmaOne rolling at the right time. He'll sort out the PLA and who owns what. Good for Zhu. He'll even get the USA to leave out a few 00000s and put in a few more 1111111s. Look at the 0000s here: ------------------------------------------------------------ Zhu may argue that the U.S. is partly to blame for the trade gap, pointing to the telecom market as an example. Earlier this week, the Clinton Administration blocked the export to China of two satellites and other cellular telecommunications equipment by Hughes Electronics, out of concern the advanced system would be operated by military- controlled companies. The shipment would have earned Hughes, a unit of General Motors Corp., as much as $500 million. China's People's Liberation Army is likely to be the main domestic beneficiary of any success Washington has in promoting CDMA technology to Beijing. In China, the radio frequencies to be used for CDMA are all controlled by the army. Military-linked companies, along with the MII, own the four companies which operate CDMA networks in four Chinese cities. Indeed, CDMA equipment suppliers, such as Korea's Samsung Electronics Co., see the military's involvement as the best chance CDMA has to win approval. ''The army organization is very important in CDMA policy in China,'' said Sung Han Bae, the Samsung Group's chief representative in China for telecommunications business. He said the army ''insists on CDMA'' and is sticking to its plans to develop the network. --------------------------------------------------------------------- So the Chinese army is a bunch of decent chaps, wanting cdmaOne. This will help them financially, which will help them build rockets to nuke the USA. Now as the USA congressionals struggle with this concept, using all the 1111s at their disposal, they will notice that any trade with China helps China with their military. What a quandary for the congressionals. But any trade with China helps the USA military even more than it does China because the USA military depends on taxation which derives from Q! selling cdmaOne, satellites and stuff to China. If the USA won't supply, somebody else will, then the USA military misses out, so does Q! and the USA loses ground. Talk about the horns of a dilemma. The other funny thing is the dreaded 'trade gap'. The economists or whoever it is worrying about that must have a lot of 00000s. In the modern world, trade is a complex thing. Much is done in USA$. Japan sells us cars, we pay them with money which USA sheep eaters give us. The USA sheep eaters get their money from selling cdmaOne stuff to Japan. So it goes in a circle, with possibly a 100% 'trade gap' between each country. But money is like oil in a hydraulic system - it has to go somewhere. It can sit in a tank to be used later, but all it can do is buy something. China enters the picture, selling heaps of stuff to New Zealand, the USA and presumably Japan. So they collect billions of US$$$ [because they probably like to get US$ instead of NZ$]. Guess what! They either buy stuff with those dollars - such as lots of cdmaOne equipment, sheeps, or Toyotas, or they stick it in a bank and lend it to somebody else who wants to buy something. Either way, it goes around and just like magic, the trade gap is closed. The 000000 USA trade gap worriers just need to look sideways instead of straight ahead with blinkers on! Mqurice