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Technology Stocks : PWAV- the hot new IPO

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To: RFJock who wrote (1006)	3/23/1998 1:14:00 PM
From: Tim Oliver	Read Replies (1) of 1491

Compare your rumors to today's comments from QCOM on Korea: ============================================ QUALCOMM INC. (QCOM) 47 7/8 +1/8. Shares of wireless communications equipment concern are trading tentatively higher today as the company said the South Korean sales impact is not viewed to be as bad as had been originally suspected. Following a visit to China, the company's CEO Irwin Jacobs commented on activities in Korea, noting that instead of order cancellations, it is receiving order delays, which are likely to be delivered in future quarters. In early February, Qualcomm said that because two Korean manufacturers had requested partial cancellation or postponement of their major orders, the company would not meet Q2 earnings expectations. ============================================

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