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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 169.27-4.8%3:59 PM EST

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To: jmanvegas who wrote (39697)9/3/1999 3:42:00 PM
From: rosebud  Read Replies (4) of 152472
 
MAJOR ANNOUNCEMENT!!! ON TUESDAY 9/7 QCOM IS SPINNING OUT ITS HANDSET DIVISION. I JUST GOT OFF THE PHONE WITH MY CONTACTS AT 2 MAJOR NORTH AMERICAN PCS CARRIERS. WHO TELL ME THAT MANAGEMENT'S NOT HAPPY WITH THE DISTRIBUTION STRATEGY NOR THE EARNINGS DRAG. CUTTING HEADS, DUMPING DIVISION - FOCUS ON SOFTWARE & CHIPSETS - PURE TECHNOLOGY PLAY!!!
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