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

To: brian h who wrote (10273)	4/27/1998 3:43:00 PM
From: DaveMG	Respond to of 152472

Hey guys, I guess I agree with Ramsey that the real pressure here is coming from Asia, once again. The Hang Seng is drifting along just above 10K. Nikei is again below 16,000. Western mkts have all had stupendous runups. The Europeans sold of on the Japanese triggered selloff. Now we're selling off here supposedly because of this WSJ article, even though by the end of last week it was pretty clear that almost anything would push us over the edge. On the other hand, as has been repeated all day on CNBC, the selling is very orderly, nothing bordering on panic. Everyone is so fat and happy and conditioned to buying on the dips I think it's going to take some overnight around the globe selling a la Oct. to really scare people.I wonder if the Q will get hit again if Asia really rears its head? I've been asking people on the street about how they like their cellphones and service here in NYC. Talked to somebody with Sprint who said he 's getting a lot of dropped calls, even here in the city.Makes me wonder whether G* isn't going to be very attractive to the well heeled for immediate global roaming, constant coverage. Dave

To: brian h who wrote (10273)	4/27/1998 7:35:00 PM
From: 2brasil	Respond to of 152472

Globalstar sets 2-for-1 split NEW YORK, April 27 (Reuters) - Globalstar Telecommunications Ltd. said Monday its board of directors approved a 2-for-1 stock split of its common shares. The company said in a statement the split will be paid on June 8 to shareholders of record on May 29. As of April 24, the company said it had about 43 million common shares outstanding on a fully diluted basis. Upon completion of the stock split, the number of shares outstanding on a fully diluted basis will increase to about 86 million shares, it said. Globalstar is deploying a worldwide, wireless digital telecommunication service to be initiated in early 1999.