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

To: Art Bechhoefer who wrote (30314)	5/19/1999 9:21:00 AM
From: marginmike	Respond to of 152472

A study recently showed no corelation in future price and insider selling. However Buying is a sign of future growth.

To: Art Bechhoefer who wrote (30314)	5/19/1999 10:57:00 AM
From: Ramsey Su	Read Replies (3) \| Respond to of 152472

Art, Gregg, Clark, Jim F, Valueman, others, while we were all having fun at WSJ's expense yesterday, I think not enough attention was paid to this press release. biz.yahoo.com First, I don't know is this is a response to WSJ or is it just a coincidence. I suspect the latter because I don't remember QC ever doing something like that before. May be this is the difference in style between White and Sulpizio. Second, if anyone is still investing in QC because of Korea, then I suggest selling immediately. Not that Korea is not important but that was part of QC's past and matured business, not the future strong growth sector. Finally, my take on yesterday's press release is not meeting or beating analysts expectations, which I got at $.53 at the moment per Zacks, but it sounds like they are having a much stronger qtr than last qtr. We all (most of us) know what type of qtr QC had and what was their proforma number. Only half way into the qtr, for them to sound so confident is extremely out of character. When I reread the article this morning, horns started growing out of this little chicken's head. I can't help but conclude that there must be some giggling employees at QC right now, those with bonuses and commission checks coming. Ramsey

To: Art Bechhoefer who wrote (30314)	5/19/1999 11:21:00 AM
From: George Gotch	Read Replies (2) \| Respond to of 152472

I guess the windfall profit rule applies here. Stock up to fast too much thus you get in one of these weak markets, they kill it. Sorry thing is though, a lot of people won't take a profit and will hold as it bleeds down. Now I am not short. Actually long this but you have to wake up to short-term reality. Long-term things look ok.

To: Art Bechhoefer who wrote (30314)	5/19/1999 2:22:00 PM
From: JGoren	Read Replies (1) \| Respond to of 152472

You are correct on insider sales. I didn't look at Viterbi's holdings and options but the same is probably true for him as it is for Jacobs. Jacobs' sales were roughly equivalent to the number of options he had to exercise, and he has about the same number of options outstanding as for which he exercised and sold the shares. Somewhere in the proxy statement it listed options that were exercisable through, IRRC, some date in February. In any event, it did not seem to be a substantial reduction in total shares owned (in the trusts) and subject to future option exercise. The decline in the stock may, in part, be attributable to sales by insiders and other employee option holders, which is putting a larger number of shares onto the market and into float. Employees who are leaving may be exercising also. If this is true, then it will take a little while for the market to "digest" the new shares.