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To: Ruffian who wrote (26548)	4/9/1999 1:59:00 AM
From: FedWatcher	Read Replies (1) \| Respond to of 152472

Michael, Although the article does not talk about CDMAOne specifically, it does not sound too promising for any deals in the near future. At least for now. I hope I am wrong. I am sure we will hear more in the next few days. Meanwhile I am trying to figure it out what this will do to the the QCOM and Ericy tomorrow. May be nothing. EinC1.

To: Ruffian who wrote (26548)	4/9/1999 2:23:00 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 152472

China sent packing! USA shoots self in foot. The USA would have been the major beneficiary of a WTO agreement. The USA has by far the biggest economy and attractive political system. Agreement would have increased further the Big Black Hole power of the USA acting as the focal point of The New Paradigm. Even more capital, brains and markets would have become oriented around USA companies. The USA has single-handedly stopped that process, presumably at the behest of: USA Trade Officials who like their sinecures Pennsylvanian third world peasants Montana isolationist survivalists who are keen to try their long practised skills out for real. That is not good for the USA. It is not good for China. If Zhu Rongji is as good as he seems, he'll just say, "Damn! Looks as though you Americans are too good for us. Okay, we'll accept your CDMA because you are way more clever than us and we couldn't invent it, so send it over. You won on that one. Just to appease [Ed. sic - he can spel English and American better than Dan Quail can] you further, we'll give in and unilaterally open our markets some more to foreign investors, deregulate things on a regular basis and privatize the odd failing state enterprise. You Americans sure know how to drive a hard bargain! You're too good for us. But we are good losers. CU Later." The USA can smugly pat itself on the back and pay too much to launch satellites etc because they won't let China sell at low prices in USA. The USA will see trading go increasingly to New Zealand, Japan, Europe and elsewhere where trade restrictions against China are fewer, while USA businesses other than CDMA and the odd attractive product get left on the shelf. Tough luck for affected USA businesses and consumers who will have to pay too much for things they buy. Charlene Barshefsky, Bill Clinton, Senator Lott of Laughs and Al Gingrich, if he hadn't been booted out, drive a hard bargain. Now Zhu Rongji has been sent packing! The big losers are USA consumers, taxpayers and businesses. The big winners are USA government bureaucrats, military types, assorted government hangers on and attendees of government trade jamborees. China won't be affected much either way. They'll buy the things from the USA that are worth buying. They'll sell to anyone else who will buy and to the USA what they'll accept with consumers paying the high tariffs. Go Charlene! Let's hope Tero is wrong and the CDMA expansion isn't cancelled. Can't see why they should do that. Maurice @302 PS: Dan Quail doesn't actually know what 'appeasement' is, nor can spel it. He was just given a speech, [along with all the other Republicans who used the word in the past week or so], with the word included and a bit of pronunciation training. I hope satire is allowed and not misconstrued as libel! I'm sure Dan really is an exellent speler and is right up there with the internet and could point exactly in Africa where China is. For you ignorami, it's two doors to the West along the coast from Nigeria. I'll just check....ooops that's Ghana not China....I didn't have my baby boomer reading glasses on. Anyone know where China is in relation to Ghana? We don't want to look silly if Dan clicks in here and we haven't found it yet. We could just pretend - he won't know the difference.