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Front End: The Daily Dose
June 24, 1999

First-Half Report On Tech Stocks

Qualcomm is the clear winner among the InformationWeek 100 so far this year. Its stock price is up more than 400% since Jan. 1. Why? Red-hot demand for chips and phones that use its code-division multiple access technology. Network Associates and Documentum, meanwhile, are down 78.6% and 74%. Network Associates warned of slower sales; Documentum reported low license revenue.

Winners Price Change
Qualcomm (QCOM) $129.75 +400.8%
Fore (FORE) $34.88 +90.4%
BEA Systems (BEAS) $23.06 +88.3%
Siebel (SEBL) $57.38 +69.0%
Losers Price Change
Network Associates (NETA) $14.19 -78.6%
Documentum (DCTM) $13.88 -74.0%
MicroAge (MICA) $4.47 -70.9%
Aspect (ASDV) $14.00 -68.4%
DATA: Market Guide, Inc.

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