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To: Dealer who wrote (20936)	5/31/2000 8:11:00 AM
From: Dealer	Read Replies (1) of 35685

QCOM--Before the Bell - Qualcomm ticks lower Reuters Company News - May 31, 2000 07:49 NEW YORK, May 31 (Reuters) - Shares in mobile phone technology company Qualcomm Inc. slipped in pre-opening trade on Wednesday, retracing strong gains posted the day before. Qualcomm was at 74 on the Instinet electronic broker system, down from a Tuesday close of 76-3/8. Qualcomm surged more than $10 on Tuesday, reversing an early drop. The fall was triggered by concern that a big Chinese phone company might not adopt Qualcomm's mobile phone technology. A Qualcomm spokesman said on Tuesday the company believed China would deploy its technology soon, and it was encouraged by talks it was holding with cellular phone makers in China. Copyright 2000 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereof.

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