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To: Victor Lazlo who wrote (89045)12/29/1999 11:38:00 PM
From: HG  Read Replies (2) | Respond to of 164687
 
Message 12407592
Message 12414283



To: Victor Lazlo who wrote (89045)12/30/1999 12:17:00 AM
From: James Thai  Respond to of 164687
 
Qualcomm Might Find Company at the Top

By Marcy Burstiner
Senior Writer
12/29/99 9:28 PM ET

SAN FRANCISCO -- Despite indications from investors Wednesday that Qualcomm (QCOM:Nasdaq - news) has no worries, the wireless technology provider may actually have a competitor. Or at least some investors seem to think so.

Interdigital Communications' (IDC:AMEX - news) stock soared on Wednesday, leaping 61%, or 14 7/16, to 38 at the New York close (it subsequently rose as high as 55 in after-hours trading before settling at 50). Perhaps that's because King of Prussia, Pa.-based Interdigital has patents based on the very wireless technology that has investors so worked up about Qualcomm.

....

thestreet.com