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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: waitwatchwander who wrote (11396)	6/11/1998 2:19:00 PM
From: bananawind	Read Replies (1) of 152472

Here it is in black and white. Now that it is officially "news", it must be true. Right? Look for breathless groundbreaking reportage in tomorrow's WSJ. Sheeesh. -JLF newsalert.com Sawtek's Asia woes drag Powerwave, Qualcomm lower Reuters Story - June 11, 1998 11:59 %ELC %US %BUS %STX %HOT %RCH SAWS PWAV QCOM V%REUTER P%RTR NEW YORK, June 11 (Reuters) - A tumble Thursday in wireless communications component maker Sawtek Inc. triggered a selloff in two other equipment suppliers, Powerwave Technologies Inc. and Qualcomm Inc. as investors worry about Asia's impact on profits. "Since the South Korean crisis began in September to October last year, these stocks have tended to trade in a group," said Brian Modoff, wireless communications analyst at BT Alex. Brown.

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