Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.33

-1.0%

3:59 PM EST

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To: FR1 who wrote (72391)	5/25/2000 12:22:00 AM
From: Bharat H. Barai	Read Replies (2) of 152472

QUALCOMM WAS CRASHED BY LEHMAN'S MEMO TO CLIENTS. Tim Luke's said that China may not use CDMA technology, in a note to private clients on Monday.In last 3 days, there were several large block trades, exceeding 2-3 miliion shares each. Such massive dumping brought down Qualcomm for last 3 days. Large institutional investors can bring down any company with massive and insane dumping. They did it to Texas Instrument in 1998, bringing it down to 39. It split twice after that and is at 68 3/4. Qualcomm is a great company with great technology. Merits do win eventually. Bharat H. Barai

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