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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 176.67+1.6%3:59 PM EST

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To: Cooters who wrote (7862)3/23/2000 8:17:00 AM
From: Valueman  Read Replies (1) of 13582
 
Blurb from Street.Com/Herb Greenberg:

Qualcomm alert: One of this column's best sources, who originally mentioned positive news at Qualcomm (QCOM:Nasdaq - news - boards) when it was still in the double digits, says he believes the company is in store for good news again. This time, his research shows that Qualcomm has accelerated chip orders originally scheduled for the second quarter, from the foundry it uses at IBM (IBM:NYSE - news - boards), and put them into the first quarter. Seems biz in Korea and Japan is unexpectedly strong. But there's a fairly long (16-week) lead time. So, if the biz follows through, he says, don't expect to see the uptick until the second quarter. Qualcomm declined comment.
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