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

To: gdichaz who wrote (50214)	11/15/1999 7:58:00 PM
From: Sawtooth	Respond to of 152472

<< The Q leadership has been thrown over and Microsoft leadership is now in charge of the Wireless Knowledge Joint Venture. So? >> Now, don't tell me you are surprised, Chaz? Looks like Qcom will just have to buy Msft! .........VVVVVVVVVVVVVVVVVVVVVV

To: gdichaz who wrote (50214)	11/15/1999 10:50:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Another Giant Wants The Q> Soros Makes Big Bet on Technology Stocks in 3rd Quarter Soros Makes Big Bet on Technology Stocks in 3rd Quarter Washington, Nov. 15 (Bloomberg) -- Soros Fund Management LLC, the investment advisory business established by billionaire George Soros, reported that the public portion of its stock portfolio held more technology stocks in the third quarter, including the addition of more than 2 million Microsoft Corp. shares. Soros reported higher stakes in Sun Microsystems Inc., Qualcomm Inc., and Veritas Software Corp., and disclosed new holdings in Dell Computer Corp., Juniper Networks Inc., and Parametric Technology Corp. The New York-based hedge fund manager, one of the largest hedge fund operators, reported the stakes in a Form 13F filed with the Securities and Exchange Commission. Soros didn't explain the changes, which could result from any of several factors. These include large purchases or a decision to move stocks listed in its confidential reports to the public filings that it must submit to regulators at the end of every quarter. Money managers who control $100 million or more of equities must at the end of each quarter file a Form 13F with the SEC that discloses the contents of their stock portfolios. However, to keep investment strategies secret, money managers also can apply for permission to report some of their holdings in a separate, confidential form that may not be made available to the public for at least a year later. Technology Stocks Technology stocks slumped in the middle of the third quarter before rebounding. The Morgan Stanley High Tech Index, which measures the performance of stocks in nine areas of the technology industry, rose about 6 percent in the quarter ended Sept. 30. As of Sept. 30, 1999, the hedge fund group reported that it held about 2.2 million shares of Microsoft; 1.5 million shares of Qualcomm; and the 2.8 million shares of Sun Microsystems. The group also reported holding 700,000 Dell shares; 180,000 Juniper shares; and 3 million Parametric shares. None of these three companies were listed in the public portfolio at June 30, 1999. The Sept. 30 filing omitted stakes in insurers, including Aetna Inc. and Cigna Corp., and in health-related companies, such as McKesson HBOC Inc., Oxford Health Plans Inc. In addition, Soros reported that it slashed its stake in McDermott International Inc. to 2.7 million from almost 5.5 million shares. Hedge funds are private investment pools in which the manager is usually paid a performance fee and invests alongside his or her clients. The funds invest by making bets on currencies and interest rates as well as stocks and bonds. Soros Fund Management doesn't comment on changes in its publicly reported filing. While Soros is chairman of the management company, Stanley Druckenmiller has handled day-to-day investment decisions since 1989. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.