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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.02-1.5%3:59 PM EST
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To: Uncle Frank who wrote (55762)12/22/1999 11:55:00 AM
From: PAL  Read Replies (5) of 152472
 
Uncle Frank:

QCOM is under pressure this morning because Wall Street never likes uncertainty. The question of who the buyer lingers until 4:30 pm. We know it is not Erickson. So, Nokia/Motorola or some Korean like Samsung, etc. I have faith in QCOM management. Would anyone think that after the runup, management will let it burst by the seam by selling to a second tier. QCOM needs to keep its share price high to use as currency to make acquisition.

Right now, we just need to relax and wait for the 4:30PM show.

Best regards

Paul
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