Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

3:59 PM EST

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To: engineer who wrote (24330)	3/17/1999 1:04:00 PM
From: Ruffian	Read Replies (1) of 152472

Deal?>(from Yahoo) Ericy by: Tubed_1999 15841 of 15841 Well this is probably pure speculation from my source but, I had a good conversation yesterday with a QCOM employee regarding a potential Ericy deal. He had heard rumors filtering around the QCOM camp that a deal is complete but waiting SEC approval. And given the recent low trading volume and minor price fluctuations I would think that people are waiting word from both camps as to the details. The latest run-up in stock price was in anticipation of a favorable outcome for QCOM. The next run-up in price will be based on hearing of the details of a QCOM/Ericy deal. That agreement should move us into the high $80.00's. What I don't understand is why is everyone waiting to buy when it is obvious that QCOM's share price will increase substantially in value here in the short term. Because once MM's make their decision to buy QCOM the share price will increase dramatically into the 100's. Tubed

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