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MP3.com Up 7.5% on Qualcomm Deal

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Online music company

MP3.com

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climbed 7.5% in preopen

Island

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trading after announcing a deal with

Qualcomm

(QCOM)

to create new wireless music applications.

MP3.com described the deal with the wireless technology company as a "developer relationship" and did not disclose terms.

Qualcomm was down 0.5% preopen.