Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

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To: foundation who wrote (87532)	11/16/2000 8:06:56 AM
From: Cooters	Read Replies (2) of 152472

RTX Telecom Shares Rise as Company Signs Development Contract --From AOL. Anyone?-- Cooters Copenhagen, Nov. 16 (Bloomberg) -- RTX Telecom A/S shares rose as much as 14 percent after the Danish developer of wireless communication products said it won ``ground-breaking development contract'' with an unidentified company. The shares added as much as 45 kroner to 370. RTX first sold shares in June at 185 kroner each. The contract is worth a ``considerable million-krone amount,'' RTX said in a statement release distributed by the Copenhagen Stock Exchange. ``It will have an impact on both sales and net income in fiscal 2001 and fiscal 2002.'' The contract involves CDMA, a digital standard used to transmit mobile telephone calls. Nov/16/2000 4:41 ET

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