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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.69+1.6%3:59 PM EST
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To: Clarksterh who wrote (25504)3/29/1999 9:40:00 PM
From: Drew Williams  Read Replies (1) of 152472
 
<< Both 2 and 3 are exacerbated by the recent layoffs at Qualcomm. They downsized by 700 people, most of whom probably came from the infras division. That is what, 50%?, of what they got from Qualcomm? That is a big deal.>>

Actually, the thought I had was that QCOM laid off those people to get the infrastructure division ready to sell. It became a lean, mean, for-sale machine.
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