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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.94+1.1%Jan 2 3:59 PM EST

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To: JohnG who wrote (56418)12/23/1999 1:11:00 PM
From: R. Ramesh  Read Replies (1) of 152472
 
Looking at the volume and price movement, it is quite evident that the institutions are not doing major selling. If they are 70% and not selling after this handset deal, the deal must not be that bad.

While I am at it, I just want to say contrary to what Malloy has stated, NOK would not have agreed to any long term asic deal (regardless of the royalty rates). They do not like deals that are captive in nature.

Ramesh
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