Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.33

-1.0%

3:59 PM EST

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To: marginmike who wrote (33349)	6/27/1999 1:38:00 PM
From: Art Bechhoefer	Read Replies (1) of 152472

I had not seen the closing price of Iridium when I responded to you. The drop looks like a typical bailout, done on a day of fairly light trading, with apparently not many buyers out there. Once Globalstar service begins, I have little doubt that there will be some ex-Iridium customers waiting to sign up.

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