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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject11/16/2000 3:27:55 PM
From: vagabond52   of 100058
 
QCOM screamin'...India CDMA order?... from briefing.com.....QUALCOMM (QCOM) 86 9/16 +2 3/8 (+2.8%): Seeing strength in QCOM, on an otherwise weak day for tech. Briefing.com is hearing from sources that stock is being supported by a First Union note discussing unconfirmed reports that Hyundai has received a $120MM CDMA wireless local loop order from India, with more orders expected. It is believed that an India buildout of CDMA could have major implications for QCOM.
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