Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: T L Comiskey who wrote (54755)	12/17/1999 1:39:00 PM
From: Jenne	of 152472

RESEARCH ALERT-buy Nextel on weakness - Soundview NEW YORK, Dec 17 (Reuters) - SoundView Technlogy Group said on Friday investors should buy shares of Nextel Communications Inc. <NXTL.O> on weakness. -- said Nextel's quarter appears "on track." Said it expects Nextel to add 425,000 net new subscribers, which is above the range of 390,000 to 410,000 new subscribers expected by other Wall Street analysts. -- said Nextel's average monthly revenue per subscriber should remain strong and the highest in the industry. -- said believes the company remains a takeover candidate by a foreign telecommunications company. -- said Nextel's stock was affected by two legal proceedings on Thursday. -- said a Washington D.C. court approved a modified antitrust decree ruling in favor of Nextel, allowing the company to buy additional licenses in the 900MHtz band in the top 25 markets. Said this is only a "slight positive" since these licenses come in "slivers, not swatches" geographically. -- said NextWave's bankruptcy court proceeding in New York may also affect Nextel, but there are too many unanswered questions to judge the impact on mobile wireless or fixed-wireless carriers. NextWave on Thursday got $1.6 billion from several high-profile investors. SoundView speculated that Leap Wireless Inc. <LWIN.O> also may get involved with NextWave. -- said NextWave may deploy Qualcomm Inc.'s <QCOM.O> new high data rate technology and go after the "last-mile" traffic and compete in the fixed local loop market. That move would

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next