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

To: kech who wrote (5919)	12/3/1997 11:21:00 AM
From: Sherman Chen	Respond to of 152472

Maybe so, but Bear Stearns still likes QCOM and NOKa, the two with CDMA. Wednesday December 3, 11:01 am Eastern Time RESEARCH ALERT - Nokia, Qualcomm reiterated NEW YORK, Dec 3 (Reuters) - Bear Stearns reiterated its buy ratings on Nokia (NYSE:NOKa - news) and Qualcomm Inc (Nasdaq:QCOM - news), a Bear Stearns source said. -- No further information on the reiterations was immediately available. -- Bear Stearns upgraded Qualcomm to buy from attractive on September 30, at which time an earnings estimate for 1998 was set at $1.25 per share. -- Qualcomm on Wednesday was off 1-1/8 at 66-7/8 in morning trading.

To: kech who wrote (5919)	12/3/1997 11:33:00 AM
From: engineer	Respond to of 152472

I think it is more than that. All the techs have dropped about 1-3 points in the last 30 hours. Look at TXN, INTC, COMS, etc.... Plus those that dropped seem to have a little higher volume than they had in the last week or two. in QCOm case, it jumped up alot.

To: kech who wrote (5919)	12/3/1997 11:38:00 AM
From: GO*QCOM	Read Replies (1) \| Respond to of 152472

Tom, Ericsson is slated to cut 10,000 jobs over 2 years as a result of poor profitability.The infocom division and all radio axcess as well as fixed wire networks are effected.Could this mean a downward trend is beginning to rear its ugly head due to an absent CDMA product offering? No doubt this report has rattled telecom equitment stocks generally draging down even the CDMA equitment makers.Most mutual fund managers don't realize yet the difference in product offerings.