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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 151.59

-0.4%

Jan 30 9:30 AM EST

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To: Ruffian who wrote (56849)	12/27/1999 9:16:00 AM
From: Jill	Read Replies (1) of 152472

Same thing from CBS Marketwatch: Kyocera rallies; Sony takes a breather Seoul's blue chips down; Taiwanese chipmakers strong By Mariko Ando,CBS MarketWatch Last Update: 5:11 AM ET Dec 27, 1999 Worldmarkets TOKYO (CBS.MW) -- Shares of Kyocera powered ahead for a second straight day, but Sony snapped a 10-session winning streak on Monday. The consumer electronics giant announced a share split after the Tokyo market closed. Despite the rise in Seoul's key stock index, South Korean blue chips fell. Taiwan tech stocks surged in a year-end rally. Hong Kong and Australian markets were closed. -- Kyocera Corp. (KYO: news, msgs) jumped 1150 yen, or 5.9 percent, to close at 20,500. The shares earlier in the day hit a record high of 21,300. U.S.-listed shares of Kyocera Kyocera, the world's largest maker of ceramic packaging for semiconductor chips announced last Friday that it plans to buy Qualcomm Inc.'s (QCOM: news, msgs) wireless-phone business. The deal gives Kyocera a foothold in the North American market for digital mobile devices, and commits the company to buying chips and software from Qualcomm for five years.

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