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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Mike Buckley who wrote (25715)6/2/2000 2:21:00 PM
From: Lynn Goodman  Read Replies (1) of 54805
 
QCOM discussion on CNBC:
At 2:10 p.m., SSB and Paine Weber analysts were interviewed re wireless, very positive on Q. Noted that $60B in wireless contracts in Europe will benefit Q by 5% royalty stream. Both said they thought Q would benefit from China, whether immediately or down the road. No negative comments at all. Q year end targets, SSB $150-200, PW-$250.
General comment on the sector: "I would buy this entire sector right now."
Good stuff, whatever one thinks about CNBC.

Mike, heartiest congratulations.

Lynn
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