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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JohnG who wrote (37324)	7/28/1999 12:12:00 PM
From: PAL	Respond to of 152472

QCOM August put premiums start to decay fast. You can sell Aug150 put at around 4 1/4 and in 3 weeks might be able to keep the premium, then use the proceed to buy more QCOM shares. Just one method to own QCOM using free money !! The very best to all, Paul

To: JohnG who wrote (37324)	7/28/1999 4:54:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Tues>With Explanation> WSJ Dow Jones Newswires Silicon Storage Up 25% On Flash Tech Pact With Qualcomm NEW YORK -- Silicon Storage Technology Inc. (SSTI) jumped 23% Wednesday as investors welcomed a new collaborative agreement with Qualcomm Inc. (QCOM) that marks the company's first foray into the cell phone market. Late Tuesday, Silcon Storage announced that it would provide its flash technology to Qualcomm in return for Qualcomm's guidance in designing products that use CDMA - for code-division multiple access - technology, a standard for wireless phones. "Strategically, it's very important for us," Silicon Storage Chief Executive Bing Yeh said. "Wireless communications and wireless Internet devices are going to have explosive growth for years to come, so we are positioned to be a major player in the market." While the companies haven't hammered out the specific details of their collaboration, Yeh said the arrangement should boost Silicon Storage's long-term growth potential. The executive expects the collaboration to begin contributing to the Sunnyvale, Calif., memory-products maker's financial results in a year to 18 months. Dan K. Scovel, a Fahnestock & Co. analyst, said Qualcomm possibly could end up buying products through Silicon Storage under a traditional customer-vendor relationship. Or, Silicon Storage could end up collecting royalties if Qualcomm designs new chips and has them made at Taiwan Semiconductor Manufacturing Co. (TSM), a Silicon Storage licensing partner. Whatever unfurls from the collaboration will likely be beneficial to Silicon Storage's business, he said. "In our minds, why are you working together unless there's some promise down the road," Scovel said. Silcon Storage recently traded at 9 3/4, up 1 11/16 or 20.9%, on Nasdaq volume of 1.1 million shares. Average volume is 301,886 shares. - Colleen DeBaise; 201-938-5400