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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: Chris Reeder who wrote (1621)2/10/1997 9:35:00 PM
From: Ramsey Su   of 1819
 
Chris, Mike et al, don't get so excited, people may think this is the IOM thread.

I have Zacks service and they say 4 strong buys, 6 buys, 3 holds and 1 moderate sell, as of 2/9/97. Zacks rate it a 2 - moderate buy.

Institutional ownership is still just 36.56%. Hopefully this will change tomorrow, as the 250 attendees use their CDMA QCOM phones to call their offices. If they don't have one, I am sure QCOM can loan them one or they can use one of mine and I will even pick up the tab.

My partner went and bought 2 phones today. He has to stand in line with 2 ahead of him. His asked the clerk is it this busy all the time and he said yes. In fact, they were out this morning and just received a few more in the afternoon. Sounds like they come off the assembly line in Sorrento Mesa (when QPE is located) and rushed to the local distributors.

Ramsey
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