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

To: William Hunt who wrote (53778)	12/13/1999 11:24:00 AM
From: YlangYlangBreeze	Read Replies (1) \| Respond to of 152472

Question: Sometimes positive news seems to take a couple of days to affect share price. I always assumed this was because the really big orders are probably not individual decisions, but rather made by teams or comittees. But it would seem as if this was an anticipable event. Do the funds have pre-approved decisions to buy contingent on events like this China announcement, the sale of the handset division, and such? Are the level of their responses geared to how positive the news is? If Chinese had announced "intent" to roll out CDMA in 99 without setting a six month time frame and benchmarks like 10 million subsribers per year would the funds' purchases have been less?