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

To: Uncle Frank who wrote (67807)	2/23/2000 11:45:00 PM
From: Ruffian	Respond to of 152472

Qualcomm's Jacobs on Stock Price and China Business: Comment By David Evans Dana Point, California, Feb. 23 (Bloomberg) -- Qualcomm Inc. Chief Executive Irwin Jacobs comments on the company's stock price and business at the Roth Capital Partners investment conference in Dana Point, California. Qualcomm developed a wireless-phone technology now used by 50 million people. On Qualcomm's stock repeating last year's surge, when the shares rose 27-fold, making it the best performer in the Standard & Poor's 500 Index: ''It's hard to duplicate that. I never project stock price. If we can execute, long-term, hopefully the market will recognize it.'' On the framework license agreement signed last week in China: ''I hope it's a final agreement. You can never tell in China. We still need to sign individual agreements (with manufacturers.)'' On future business in China: ''Next year will be where the real growth occurs. I'm sure in five years it will be a significant part of our business.''