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

To: Mark Glembocki who wrote (27978)	4/21/1999 5:41:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 152472

Mark, I notice you have most of your investments in the "oil patch", at a time when it is not doing that well, and Qualcomm is going through the roof. If you don't know what to do when we are all going "ballistic", I guess you don't understand the situation. "Buy Qualcomm, baby!"

To: Mark Glembocki who wrote (27978)	4/21/1999 5:59:00 PM
From: METMAN	Respond to of 152472

Mark: others may follow, but it was probably options related; due to the spin off of Leap Wireless. -metman

To: Mark Glembocki who wrote (27978)	4/21/1999 6:27:00 PM
From: Ingenious	Respond to of 152472

Mark, one suggestion - hold (EOM)

To: Mark Glembocki who wrote (27978)	4/22/1999 8:34:00 AM
From: Art Bechhoefer	Respond to of 152472

Re: Insider selling. Mark, it is difficult to interpret selling by insiders - more difficult than buying. Selling can occur for a variety of reasons, including personal need, with nothing to do with company prospects. Selling can also occur in conjunction with the LEAP Wireless spinoff, as was noted by others, or to obtain cash to purchase newly acquired options under an employee incentive plan. It also would be normal, and not significant, to find sales of stock held by the original owners, or in trusts created by the original owners (such as Viterbi). There is simply no basis to conclude that the existing recent insider selling as anything to do with future company prospects. I have studied patterns of insider trading for some 30 years. The only time I get worried is when I see massive sales by perhaps two dozen or so insiders, reducing their holdings to near zero. Meanwhile, if you look at some of the recent comments on this board, you will see there is a good factual basis to conclude that earnings for this year and next are going to be greatly in excess of conventional analyst estimates. When a company is as well managed as QCOM (a very rare occurrence IMHO), investors would be making a big mistake to sell prematurely, or even to attempt to trade the shares to take advantage of peaks and valleys. Art