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


To: kech who wrote (30859)5/25/1999 11:35:00 AM
From: Ramsey Su  Read Replies (2) | Respond to of 152472
 
Tom,

unfortunately, this China stuff is no longer OT.

It is just so stupid that the only way I can keep my blood pressure down is by laughing about it. I have read many articles regarding the embassy bombings, from both sides of the fence. One report, if true, will conclusively proof the bombing to be deliberate. I forgot whether it was in English or Chinese and I can't find it anymore.

The article claims that "they" have the history of the site where the Chinese embassy is located, dating back to the 1950s. The site was basically a swamp with no one there until they reserved the site for the embassy about 5 years ago. During 1992, the area was undeveloped so the CIA's claim would be totally bogus.

The COX report is equally bogus if one simply use common sense. We have such a damaging spy case and we have arrested not one single spy? Why? Because arresting anyone would involve our legal system and presumption of innocence until proven guilty. It is much easier to bash without the need of proof and the risk of any spy (I guess Lee would have to be the leading candidate) being tried and not convicted is unacceptable to the political motivation behind all this BS. I wonder how the COX report came to its conclusion that China got all the secrets. Could they possibly be spying on China? NO, not us.

There was a reporter on CNBC who very clearly stated the potential trade issues resulting from US-China relations. The market is not listening. The next time bomb is MFN. Though MFN is very important to China, it is equally important to the US.

Do you know there are only a handful of nations in the world that do not receive MFN? They are like Cuba, Libya type counries.

Do you know MFN is a double edged sword? While we "grant" them the status, revoking this privilege would certainly draw equal treatment from China.

The concessions Zhu made last month during his visit here for the purpose of entering the WTO has pushed him to the limit politically at home. Based on what I have read, the Chinese people believe that was total kow towing to the imperialist, at the expense of huge unemployment and other economic woes.

As much as I dislike Clinton, I think the current crop of Repulicans have caused so much damage to the country in the long run that they are equally responsible as Clinton.

I am starting to compile my "short" list. BA, IBM, HWP, LU, MOT, CAT are the best candidates. Some of them are so grossly overvalued already that if China closes the door on them, their lofty prices are history. I am undecided whether QC should be on the list. The new cold war may not impact QC as much as the aforementioned but it will certainly slow CDMA growth.

On top of all, my flat panel just went blank last night.

Sure is a sad day.
Ramsey - chicken little again.



To: kech who wrote (30859)5/25/1999 4:58:00 PM
From: Maurice Winn  Respond to of 152472
 
Tom thanks for a much more intelligent reply than LindyBill's.

Quite right that China is hardly the harbinger of human freedom. You only needed to watch the straight-backed and straight-faced Chinese in the Great Hall of the People listening to Zemin harangue them to know that they are a tightly controlled society.

Also, Tibetans would be feeling unhappy about China's rule, but not as unhappy as the Native Americans and negroes would have felt about their rulers until very recent times. [Actually, I've heard that some Americans are STILL not happy about their rulers]. Aborigines in Australia and Maoris in New Zealand are still feeling [many of them] put upon by colonialists. So let's not climb too high on our horses about Tibet. Certainly, let's not start wars over it.

The Tienanmen Square was an illegal assembly of people. Just like Kent State where there was shooting of panicking students. Sure, China was violent and repressive in removing them. Try the same thing in Washington and see what it gets you. They have tear gas and better riot control measures in the USA. A military solution would involve a bigger mess. China was not skilled in handling the situation.

Yes, China's politicians will have drawn up the drawbridge over the embassy. I see no reason that they should accept a phone call from Clinton. His words are not particularly credible are they and that's all you hear at the end of a phone. I see no reason that China's papers should publish enemy propaganda either. [The USA has declared China an enemy, so I guess China just has to deal with that].

Let's hear the pilot, the map reader, the NSA, the CIA, the Pentagon, and Madeleine get on TV and explain precisely, showing us the maps they used etc exactly how they made such a mistake. Then let's see the money. Then we might know it was a mistake. Then there can be forgiveness.

China will be using this to the hilt to strengthen their politician's positions and to strengthen their position in regard to Taiwan and World Trade as well as the United Nations. Sure, I agree with you on that. Compensation early and generous would defuse that advantage.

Unless Clinton was phoning to discuss payment, I don't think I'd accept his call either.

That's more of how I see it. This is big, so I'm not apologizing for going on about it. It is going to ding Q! cash flow and cause a LOT of damage to USA business in China.

Mqurice