Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 177.97

-0.2%

12:55 PM EST

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To: John Hayman who wrote (6228)	12/12/1997 10:35:00 AM
From: Muizz M. Kheraj	Read Replies (4) of 152472

Schroder & Company downgraded the stock early this morning from attractive to hold, citing worries that QCOM will lose royalty payments from defaults out of Korea.... Biggest pile of bullshit I every heard!!! How is Korea going to affect a monolithic global company like QCOM to send it down over 20%?? Ridiculous. Now Compaq has 7 brokers with a buy on it, 4 with an attractive and 1 with a hold. S&P rates this company a 5 STAR! I still think there's worse news out here...has to be...it cannot be selling off on a tiny little downgrade by a has-been! Muizz

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