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Non-Tech : The Critical Investing Workshop

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To: Sully- who wrote (25131)7/12/2000 2:38:33 PM
From: lindelgs  Read Replies (1) of 35685
 
Qualcomm CEO Sees Market for Company's Chips Rising; Shares Up
By Maxine Clayton

San Diego, July 12 (Bloomberg) -- Qualcomm Inc. (QCOM) rose 5 15/16, or 11.2 percent, to 58 15/16 and traded as high as 59 1/16. Chairman and Chief Executive Irwin Jacobs said the market for the company's semiconductors used in cellular phones will expand as Korea and other countries build more advanced wireless networks.
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