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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 182.22+3.5%3:59 PM EST

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To: jmanvegas who wrote (53421)12/10/1999 11:05:00 AM
From: slacker711   of 152472
 

Just another sign of the apocalypse....

But, while Bear Stearns has long been considered a pretty conservative shop, analyst Scott Ehrens flew in the
face of that image this morning when he initiated coverage of FreeMarkets (FMKT:Nasdaq), which has yet to begin trading, with a buy rating.

The buy rating's not that big a deal, though. Bear Stearns put a 12-month price target on FreeMarkets of $300.

For an IPO priced last night at $48 a share.


Slacker
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