Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: straight life who wrote (18157)	11/10/1998 7:52:00 PM
From: ASB	Respond to of 152472

CNN coverage of the deal. NEW YORK (CNNfn) - A deal between software giant Microsoft and Qualcomm loomed large in after-hours news, as did an announcement by chipmaker Intel that its fourth-quarter profits would exceed expectations. Microsoft Corp. (MSFT) and Qualcomm Corp. (QCOM) unveiled a joint venture focusing on wireless data communications, information technology, and computing. The new company, to be called WirelessKnowledge LLC, will be headed up by John Major, currently president of Qualcomm's Wireless Infrastructure Division. Microsoft stock climbed to 113 in after hours trading, after closing at 112-1/16. Shares of Qualcomm jumped to 58, after finishing at 56-7/8.