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

To: mrnaive who wrote (71901)	5/15/2000 2:22:00 PM
From: Winston Lee	Read Replies (1) \| Respond to of 152472

I think QCOM's recent weakness is primarily due to fears of GSTRF's bankruptcy and Soros fund's selling QCOM. This morning Thestreet.com reported that Soros is 90% cash, so it appears they probably sold nearly their entire position in QCOM. I doubt too many more institutional investors will sell QCOM at these levels. If QCOM can start penetrating China, look out. The fundamentals have never looked rosier.