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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 176.31

+1.9%

Jan 5 3:59 PM EST

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To: Ramsey Su who started this subject	1/22/2004 12:06:45 PM
From: Cooters	Read Replies (2) of 197083

9:33AM RIMM resumed at UBS with Buy, $110 tgt 85.20 -0.66: UBS resumes coverage on Research in Motion with a Buy and a new target of $110, up from $78. The firm believes wireless carriers such as Vodafone, T-Mobile, TIM and mm02 are standardizing on Blackberry for their wireless data services. This represents an opportunity for co to provide Blackberry to roughly 30 additional geographies for Vodafone and T-Mobile alone. The firm believes Sprint PCS could launch Blackberry service in 2004. The $110 target is based on a p/e of 40x. From briefing.com -- First I have heard of this.

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