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Technology Stocks : Micrel (MCRL)
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To: Dave L who wrote (81)2/6/1998 5:56:00 PM
From: Imuah  Read Replies (1) of 268
 
Qualcomm receives partial order cancelation from Korean customer and Micrel is affected. Drop was gap down on heavy volume. Qualcomm makes up a substantial percentage of Micrel's business. I don't know how much QCOM's loss of business from Korean Customer translates into loss of business for MCRL. This could be an over-reaction and a buying op coming up.
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