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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST

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To: freeus who wrote (47719)11/3/1999 6:09:00 PM
From: Ruffian  Read Replies (2) of 152472
 
<Cnbc;

rom: C R Nasmythe
Date: 03 Nov 1999
Time: 13:35:41
Remote Name: 63.22.104.99

Comments

Tcom giant QCOM holding NASDAQ above 3000; announced better than expected earnings and a 4 for 1 stock split
yesterday

QCOM up 27 11/16 at 252 ½ for a gain of 12.32%

Perception growing that QCOM is royalty licensing company with hegemony in technology in CDMA telephony; handset
production doesn&#8217;t exist in income statement

Company&#8217;s making improvements in handset technology

Still cheap despite run up; if they can keep up hegemony in chipsets, they can stay ahead of new competition like MOT and
INTC, QCOM will remain way ahead in terms of new generation technology

netcognizance.com

Will see CDMA tech merged with GSM tech in Europe; handsets will connect to internet but also be used in data transmission

QCOM one of Sosnoff&#8217;s biggest positions
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