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

To: Sawtooth who wrote (39267)9/1/1999 1:38:00 PM
From: Ruffian  Respond to of 152472
 
Bloomberg>

Qualcomm has hoped to benefit from the potential for its technology in China, the world's most populous country. Roberts, however, wrote that in his meeting with company management, Chief Executive Irwin Jacobs ''was more cautious than we would have expected regarding the rollout of CDMA in China.''

Qualcomm also faces intense competition from Finland's Nokia Oyj, the No. 1 cell-phone maker, and No. 2 Motorola Inc., said Ed Snyder, a Hambrecht & Quist LLC analyst.

''Qualcomm is a great company, but the growth won't be as great as in the past couple of quarters,'' Snyder said. ''It can't be, not with Nokia and Motorola pushing prices down.''



To: Sawtooth who wrote (39267)9/1/1999 1:48:00 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 152472
 
Tim,
Looks like a lot of trailing stop sell orders have been taken out and more to come unless some big holders step up to the plate. They may protect their investment or let it fall to add cheaper shares. I added today.
Cosmo


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