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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.33-1.0%3:59 PM EST

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To: MileHigh who wrote (39823)9/5/1999 4:53:00 PM
From: rel4490  Read Replies (2) of 152472
 
From JP Morgan 9/1/99 report on the Q:

"Also reported today was that Qualcom is likely to remain in the handset business for the next 2-3 years. We continue to strongly disagree with that. We continue to believe that Qualcom is currently evaluating alternatives to exit this business -- which will likely have very positive EPS and multiple implications for the stock"
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