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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 180.90+2.1%Oct 31 9:30 AM EST
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To: Eric L who wrote (24999)7/26/2002 7:58:05 PM
From: A.L. Reagan  Read Replies (3) of 196396
 
Congrats Eric on the 25,000th post. It is interesting that Lehman cut the price target. Don't necessarily disagree with their "conservatism" but methinks the price target methodology has little to due with any rigorous discounted PV model, and more to do with finger in the wind.

FWIW, on the anecdotal front, my tenant the Verizon reseller reports little effort by Verizon to promote 1X (both handsets and network available in our area) and scant customer interest. Sort of reminiscent of the Globalstar USA roll-out so far.
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