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Re: cosign post# 17659

Thursday, 08/03/2006 4:15:06 PM

Thursday, August 03, 2006 4:15:06 PM

Post# of 24710
From the street.com

http://www.thestreet.com/_yahoo/funds/stoptrading/10301264.html?cm_ven=YAHOO&cm_cat=FREE&....

Snip:
Cramer said an apparent change of heart by Qualcomm (QCOM - commentary - Cramer's Take) founder Irwin Jacobs sounds a bullish call on that wireless chip company. Qualcomm shares have been hit hard, losing a third of their value over four months. But Cramer said a move by longtime seller Jacobs to end his preplanned stock-selling program signals that Jacobs "is not a seller down here," which could help the stock to bounce.
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