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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 3:59 PM EST
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To: foundation who wrote (85360)11/1/2000 9:13:11 AM
From: Ibexx  Read Replies (1) of 152472
 
From Larry Wachtel of Prudential this morning:

"U.S. stocks are lower in London, foreshadowing a lower New York opening. Shares of Astro Power were hard hit after missing the quarter while Qualcomm continued under pressure ahead of earnings to come after the bell tomorrow Analysts expect lower revenue due to reduced demand for mobile phone chips in South Korea...."

Ibexx

PS: I thought the Korea subsidiary had been discounted and factored in...
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