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Location management is a key issue in personal communication service (PCS) networks. Performance analysis plays important roles in the implementation of location management methods and system design in PCS networks. Existing PCS networks have the home location registers (HLRs) and visitor location registers (VLRs) architecture for location management. Some interesting dynamic location management methods are proposed to improve the system performance of PCS networks. However, the existing performance analysis of the dynamic location management methods are too simple and not available for PCS networks with real HLR/VLR architecture. One of the reasons is the complexity and difficulty of the problem. In this paper, we challenge the problem and successfully establish a new analytical model available for the analysis of the important dynamic movement-based location management method for PCS networks.