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To: Dealer who wrote (20880)	5/30/2000 10:59:00 PM
From: Dealer	Read Replies (1) \| Respond to of 35685

QCOM--3:22 PM----3:22 pm Qualcomm does about face Shares of Qualcomm (QCOM: news, msgs) are now powering 7 15/16 higher at 74. The stock is the most active stock on the Nasdaq National Market with 49.2 million shares turning over. That's about 2 1/4 times the daily average. The stock has now done a complete about face since the open (see 9:35 and 11:37 items). The intraday range has been 74 5/8 to 60. Among those that have spoken positively about Qualcomm is analyst David Heger, analyst at A.G. Edwards. He upgraded the stock to a "buy" rating from an "accumulate," saying that the company is "uniquely positioned to benefit from the deployment of third generation mobile wireless networks based on CDMA."