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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 137.34+0.8%Feb 6 9:30 AM EST

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To: Uncle Frank who wrote (35855)7/19/1999 6:48:00 PM
From: HeyRainier  Read Replies (1) of 152472
 
Here's some news from Dow Jones:

"...In other earnings news, Qualcomm Inc. (QCOM) posted third-quarter operating net of 75 cents a share, compared with analysts' view of 63 cents. The company said component shortages hurt its production and limited margin growth in the third-quarter. Additionally, Qualcomm said the component shortages may hurt its fourth-quarter results.

In response to the news, shares of Qualcomm plummeted to 152 1/2, said Instinet, from the regular session close of 158 11/16, up 7/16, or 0.3%, for the day..."

--RT
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