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


To: tradeyourstocks who wrote (90671)12/21/2000 3:06:34 PM
From: waverider  Respond to of 152472
 
This ongoing pain of hope, despair, hope, despair is bound to take its toll on investor psychology. I would think a few more days like this and anyone who is going to get out will be out...plus tax loss selling...will finally run its course by the end of the month.

This has been one wild year.

Rick



To: tradeyourstocks who wrote (90671)12/21/2000 3:07:33 PM
From: cuemaster  Respond to of 152472
 
looks like 4q 2001 the lucky owners of qcom will be taking over this competetors income stream.
go Q go

ORLANDO, Fla., Dec 18, 2000 (BUSINESS WIRE) -- Sawtek Inc. (Nasdaq: SAWS chart, msgs) today is responding to the unusual market activity in the Company's stock.

Raymond A. Link, Chief Financial Officer, stated, "It appears that the unusual trading activity in our stock today is attributed to a press release by Qualcomm issued today relating to a new technology. Qualcomm, in its press release, stated that this new technology could eventually eliminate certain components, including IF SAW filters, in the intermediate frequency chain for CDMA phones. Qualcomm further stated that it would not begin sampling this product until the fourth quarter of calendar 2001. As a result of this delayed product sampling, Sawtek believes that the introduction of this new technology will have little or no impact on its revenues or profits for fiscal 2001."