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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: Jon Koplik who wrote (20165)	12/21/1998 8:47:00 AM
From: Jon Koplik	Read Replies (1) of 152472

To all - the Korean Won closed today at 1195.5 to the dollar. This is pretty darn good, considering where it has been in the past 15 months or so. (I think the worst levels were briefly near 2000 to the dollar.) We are getting close to 12/31/98, which is the date for locking in the exchange rate for royalty payment calculations (one quarter lagged). Jon.

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