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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Satish C. Shah who wrote (11144)	12/12/1997 8:29:00 PM
From: S.C. Barnard	Read Replies (1) \| Respond to of 97611

Anyone know about these people?: Schroder & Co said it downgraded COMPAQ COMPUTER CORP to "perform in line" from outperform. Schroder trimmed the fiscal 1998 earnings estimate to $2.04 a share from $2.30 a share, said associate Stephan Kim. Kim said Schroder expects Qualcomm to see lower royalty and licensing fees from Korean manufacturers due to the severe drop in the South Korean won. Kim said Korea is the largest market for CDMA technology developed by Qualcomm. Korean telephone manufacturers pay Qualcomm royalty payments when its CDMA technology is used. Kim said the royalty payments are not a big percentage of Qualcomm's total revenues, but a drop in payments would fall directly to the bottom line. (Reuters 11:32 AM ET 12/12/97)