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

To: dougjn who wrote (6425)	12/14/1997 12:41:00 PM
From: Lorare	Read Replies (2) \| Respond to of 152472

Harvey White spoke at a Bear Sterns internal presentation in San Francisco on Thursday and made the observation that Korea should not have a substantial impact on Qualcomm's bottom line. It is little wonder, then, that Bear Sterns reiterated its buy on Qualcomm on Friday morning. Also lost in the Friday "panic" to sell Qualcomm shares was the fact that Volpe initiated QCOM on that very morning with no less than a BUY. Seems the media only wants to focus on the one downgrade rather than to give fair coverage to Bear and Volpe's interpretation. Now why doesn't that surprise me......