Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (12516)	6/18/2000 6:32:00 AM
From: JohnG	Read Replies (1) \| Respond to of 13582

Jon. Good find on Snyder spreading his G* poison. That is really blatant. JohnG

To: Jon Koplik who wrote (12516)	6/18/2000 8:14:00 AM
From: kech	Respond to of 13582

Jon- That is good on Snyder and Globalstar, and it does catch him with definite misleading and lying statements. But doesn't that seem like catching Al Capone for tax cheating? Tax cheating did put Capone away but this sounds like a wrist slap for Snyder. Unless we can link him to the put buying, and the huge drop in the Q, it seems like we are missing the mark. But then that forces us to find equally misleading statements on the Q, and maybe your point is that it is easier to nail him on statements associated with the "B" word and Globalstar, because that is more clearly akin to shouting "fire" in a crowded theater.

To: Jon Koplik who wrote (12516)	6/18/2000 12:08:00 PM
From: Art Bechhoefer	Read Replies (2) \| Respond to of 13582

Jon, as a registered investment advisor, my understanding of the securities laws of 1934, which govern behavior of this sort, is that an analyst can say anything he wishes, but if his firm has ANY SORT OF BUSINESS CONNECTION with the company or its competitors, it MUST DISCLOSE that relationship. You have pointed out what could be a serious matter in regard to lack of disclosure. Good research, and thanks again. Art Bechhoefer

To: Jon Koplik who wrote (12516)	6/18/2000 8:15:00 PM
From: cfoe	Read Replies (2) \| Respond to of 13582

Text of letter being mailed to Ms. Sarah Kollmer-Dorsey of the SEC. "June 19, 2000 Ms. Sarah Kollmer-Dorsey Securities & Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549-0702 Dear Ms. Kollmer-Dorsey: I am a shareholder in QUALCOMM, Inc. I am writing to bring to your attention the possibility of questionable professional conduct by Mr. Ed Snyder, an analyst with Chase H&Q. In general, this concerns a series of negative comments Mr. Snyder made about QUALCOMM over the past few weeks. Specifically, it concerns the possible relationship between negative comments he made this past week and what appeared to be heavy writing of then out-of-the-money Puts on QUALCOMM?s stock before his comments were made public. In fact, others have noted that this type of activity has occurred on three separate occasions involving Mr. Snyder. First, in December 1999 just before options expiration, again this past January just before options expiration and finally last past week just before options expiration. I believe that only the SEC has the power to look into this matter thoroughly and determine if there was front-running going on, or if Mr. Snyder is in some way part of a concerted and organized effort to damage the stock and business prospects of QUALCOMM. I, and I am certain other QUALCOMM shareholders, would deeply appreciate your looking into this matter. Very truly yours,"