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Basil

09/06/02 3:45 PM

#23262 RE: Train Guy #23258

From Briefingcom

15:38 ET QCOM Qualcomm declines on Samsung chip story (28.46 +1.70)
We are hearing that the Korean Times newspaper has an article stating that Samsung is going to produce its own chips, rather than using QCOM's. While we have posted this rumor before (see Sept 4), we're hearing this story is being taken seriously by the Street and that Deutsche Securities has issued cautious comments on the subject.