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

To: foundation who wrote (73462)	6/7/2000 9:30:00 AM
From: qbull	Respond to of 152472

someone knows. it's up 3 pre-market at 9:28. in a fair world the stock would climb at least 10 or 15 points today for starters but of course who said life was fair? time and technology are on our side. earnings are a little over a month away and should be terrific.

To: foundation who wrote (73462)	6/7/2000 9:36:00 AM
From: William Hunt	Respond to of 152472

Benjamin ---Bloomberg is also confirming the deal BEST WISHES BILL

To: foundation who wrote (73462)	6/7/2000 10:30:00 AM
From: Ibexx	Respond to of 152472

From WallStreetCity (Telescan): _______ 6/07/00 - Qualcomm Signs Pact With Eastcom New York, Jun 07, 2000 (123Jump via COMTEX) -- The tech-heavy Nasdaq is expected to open neutral or slightly negative after closing down 65 points yesterday. Analysts say investors will be anxious to gauge whether Tuesday afternoon's profit-taking marks an end to the tech rally. Logility (NASDAQ:LGTY), Microsoft (NASDAQ:MSFT), and AT&T (NYSE:T) are expected to be among Wednesday's most actively traded issues. Qualcomm (NASDAQ:QCOM) announced today that it has signed a pact with Eastcom, a state-owned Chinese mobile phone maker. Under the agreement, the Chinese firm said it has an option to make mobile phone equipment based on the code division multiple access, or CDMA, standard. San Diego-based Qualcomm will provide Eastcom with software, chip sets and technical support that Eastcom needs to conduct research. The announcement follows Monday's news that China United Telecommunications won't be using Qualcomm's wireless technology for at least two years; the announcement sent Qualcomm shares into a tailspin. Qualcomm wants its technology used for China's mobile phone market, which is expected to rise to 70 million users this year from 43 million last year. Royal Philips Electronics NV, Europe's second-largest chipmaker, said it plans to sell as many as 69 million shares in ASM Lithography Holding NV, worth about $2.87 billion (3 billion euros), in a public offering. The sale will cut Philips's stake in ASML, the world's fifth- largest chip-equipment maker, to 7.1% if it sells all 69 million shares. CONTACT: For more information, contact 123Jump.com, Inc. 212-968-8700 Send comments or questions to: info@123jump.com Or, visit 123Jump.com at: 123jump.com All Rights Reserved. (c) Copyright: 2000 123jump.com, Inc. -0-