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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.67

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To: FESHBACH_DISCIPLE who wrote (51329)	11/21/1999 9:53:00 PM
From: Ruffian	Read Replies (2) of 152472

Sunday November 21, 9:46 pm Eastern Time Korea Telecom sells 20% stake in unit to Motorola SEOUL, Nov 22 (Reuters) - Korea Telecom Co said on Monday it sold a 20 percent stake in its wholly owned radio communications service unit to Motorola Inc (NYSE:MOT - news) for 13 billion won through a new share issue. The government-run telecommunications and telephone giant said in a statement Motorola purchased 2.6 million new common shares issued by Korea Telecom Powertel Co, which provides trunked radio system services. It said Korea Telecom and Motorola would also expand cooperation in related business areas.

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