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

To: Boplicity who wrote (49824)	11/13/1999 11:33:00 PM
From: Dealer	Read Replies (1) \| Respond to of 152472

greg. Don't you think the low volume was everyone closing shop early and leaving for the weekend? I was purchasing the last 15 minutes. Of course I am not stupid enought to think I could effect the volume. Now wouldn't that be nice? I am in the learning stage and happy with my results, I have purchased calls for April and if it goes down so be it. Surely it will come back before April????? That's next to the worst that can happen.... Hope you will get a good night rest...you really seem to be pondering your investment....You are gonna be alright..... You gonna be a very wealthy man if you are not already....This company is a great company....I spent a weekend with a gal that works at QCOM in August and talked to her the other night. All things good. Have you a toddy before bed and relax, I think I will do the same. It's bedtime, however we have company watching the Hollyfield fight...... If I am up when it is over I will post the results. dealer

To: Boplicity who wrote (49824)	11/14/1999 8:52:00 AM
From: Jenne	Respond to of 152472

U.S. 'Not Leaning' One Way or the Other on MCI Worldcom Purchase of Sprint By Vincent Del Giudice and Bill Arthur U.S. Yet to Take Stance on Purchase of Sprint Corp. (Repeat) (Fixes formatting.) Washington, Nov. 14 (Bloomberg) -- The U.S. has yet to take a stance on whether to approve MCI WorldCom Inc.'s proposed $129 billion purchase of Sprint Corp., the Justice Department said. ''The department is not leaning one way or the other on this transaction,'' said Justice Department spokeswoman Gina Talamona. ''We have just begun our review. When it's completed the department will make its decision based on the law and the relevant facts concerning this transaction.'' The Justice Department issued the statement in response to a story in Saturday's Washington Post that said the merger probably won't be approved by federal regulators, who view the transaction as a blow to competition. The newspaper cited unnamed people with knowledge of the situation. The combination of Clinton, Massachusetts-based MCI WorldCom, the No. 2 U.S. long distance company, with Westwood, Kansas-based Sprint, which holds the No. 3 position, is viewed by regulators as violating antitrust standards by concentrating control of the long-distance market in too few hands, the Post said. The combination is subject to review by the Justice Department and the Federal Communications Commission. An FCC spokeswoman who did not want to be named said no decision had been made on the matter. ''When the application is filed, it will be given a thorough and complete review,'' the spokeswoman said. FCC Chairman William Kennard said in October that the two companies ''will bear a heavy burden to show how consumers will be better off'' if the transaction were allowed. American consumers are enjoying the lowest long-distance prices in history, and ''this merger appears to be a surrender,'' he said. Together, AT&T Corp., the largest long-distance carrier in the U.S., and the resulting WorldCom Inc. would control almost 80 percent of the market, which surpasses the federal government's standards, the Post said. Sunday November 14, 12:43 am Eastern Time FCC, Justice keep open mind on Sprint-MCI merger (Adds FCC comments) WASHINGTON, Nov 13 (Reuters) - U.S. agencies which will likely review a planned $115 billion telecoms merger of MCI WorldCom Inc. (NasdaqNM:WCOM - news) and Sprint Corp. (NYSE:FON - news) said on Saturday they have not yet taken a position. The Federal Communications Commission said ''no decision has been made on this matter'' while the Justice Department said ''the department is not leaning one way or the other on this transaction.'' The Washington Post newspaper, quoting what it said were knowledgeable sources, said on Saturday that regulators were unlikely to approve MCI's record-breaking bid for Sprint, a deal which would be the largest-ever corporate merger. ''Sources said the fusion, as announced, would violate antitrust standards used by regulators to assess the effects on competition, concentrating control of the long-distance market in too few hands,'' the newspaper said. A merger between the second- and third-largest long-distance telephone carriers in the United States would be viewed as a severe blow to competition, it added. The newspaper said the resulting firm, plus the No. 1 U.S. long distance telephone carrier AT&T Corp. (NYSE:T - news), would control nearly 80 percent of the long-distance market in the country, a level the article said far surpasses federal standards. The firms are expected to file their merger application with the FCC on Tuesday. They announced their proposed union in early October. ''When the application is filed, it will be given a thorough and complete review,'' the FCC said in a statement. The Justice Department said it has just begun its review. ''When it is completed the department will make its decision based on the law and the relevant facts concerning this transaction,'' spokeswoman Gina Talamona said. FCC Chairman William Kennard cast doubt on the deal shortly after it was formally announced when he said competition had produced a price war in the long distance market and proclaimed: ''This merger appears to be a surrender.'' Kennard said the parties ''will bear a heavy burden to show how consumers would be better off.'' MCI WorldCom President and Chief Executive Officer Bernard Ebbers then took up the challenge in an editorial page column in the Wall Street Journal. ''There are two titans that have the potential to establish telephone hegemony -- AT&T and the Bell operating companies,'' he wrote. ''A merged MCI WorldCom and Sprint represents the best hope for a strong and effective alternative.''

To: Boplicity who wrote (49824)	11/14/1999 10:41:00 AM
From: Jimmyjohn	Read Replies (2) \| Respond to of 152472

Greg: I agree that trying to predict the short term direction of markets is a lot of fun. I do it all the time trying different TA techniques though I am a long time Q holder. How did the after hours trading (3.77 million shares) affect your call? Closed up at 384 3/4 on island, still well off the intraday high, but a change of direction from the afternoon close at 378. I agree with those that think it still has legs in the short term, but taking a breather would probably be healthy at this point.