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Qualcomm director buys shares

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By AP
18 June 2008 @ 04:01 pm EST

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NEW YORK - A director of Qualcomm Inc., which makes chips for wireless products, bought 7,200 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

Quotes

QCOM

39.13

-1.74

In a Form 4 filed with the SEC, Donald G. Cruickshank reported he bought the shares, which are being held in a pension plan, on Friday for $49.25 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Qualcomm is based in San Diego.

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