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

To: GO*QCOM who wrote (75635)	7/7/2000 11:28:22 AM
From: Ruffian	Respond to of 152472

Qualcomm Down 6% On Talk Korea Won't Use Co's Technology Dow Jones Newswires By Janet Whitman NEW YORK -- Shares of Qualcomm Inc. (QCOM) slipped 8.7% early Friday on talk that Korea's major wireless-phone operators won't use the telecommunications equipment maker's technology. "That's the rumor, but I don't think it's been confirmed yet," said one analyst who preferred not to be named. "The rumblings are that Korea doesn't want to offer an isolated service" by using Qualcomm's CDMA technology, the analyst said. SK Telecom Co., Korea Telecom Corp., and LG Telecom Co., which are expected to win licenses to start offering service next year, reportedly won't use Qualcomm's CDMA technology, analysts said. Qualcomm's shares were off 5 3/8, trading hands recently at 56 5/16 on volume of 7.7 million shares, compared to average daily volume of 21.8 million shares. Briefing Book for: QCOM