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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 182.19+3.5%Dec 10 3:59 PM EST

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To: Chris Reeder who wrote (190)6/20/1996 11:23:00 PM
From:    of 1819
 
The initial press release regarding $350M contract from PCS Primeco was released at 8am EDT. I was wondering why there was no immediate reaction to QCOMs stock price. The price was actually down about 2 points from the open around 3:15pm EDT when suddenly the upswing started and finally closed above $52.

After market closed the Sprint Spectrum contract for $500M was announced. It would have been nice for this to have out come a few days later after the initial release so it would get its own full effect. But I guess you can't complain.

Thanks all for keeping this thread going. Sometime back I thought it was going to get archived because there was not much activity.

Not sure what will happen tomorrow considering it's "triple witching day"
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