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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 141.02+0.6%Feb 11 3:59 PM EST

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To: Ramsey Su who started this subject10/10/2002 1:58:36 PM
From: qbull   of 197672
 
Qualcomm (QCOM) 29.68 +1.77: Shares have advanced over 6% in today's session due to upbeat commentary by Goldman Sachs and Morgan Stanley. Goldman expects company to deliver strong Q402 results and provide upside guidance going forward; notes shares are trading below historical range; reiterates Recomm List rating; continues to favor QCOM among communication IC stocks. Separately, Morgan Stanley believes new product cycles and seasonal factors will drive strong 2H02; maintains Overweight rating.
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