The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Ramsey Su who wrote (2101)	10/7/1999 3:10:00 PM
From: Ruffian	Read Replies (1) of 13582

Q On Cnbc> CNBC 10/7/99 - 2:53:37 PM .....is time for our "midday call" on "street signs." Today's midday call comes from bank of america securities. The firm is previewing earnings from the wireless companies. Analyst mark mckickny looks for motorola to report earning in line or slightly better than the 53 cents a share estimate on street. The stock is rated strong buy at bankamerica. Meanwhile, qualcomm is also seen meeting expectations, according to the analyst. He says he also sees the sale of the company's handset division happening by the end of this year. That stock over at bankamerica is rated buy. And rf midevices is predicting an upside surprise of about one penny or so from rf micro. Company's december guidance is somewhat limited, the analyst says, due to an industry component shortage. Meantime, all of the stocks being spoken about at bank of america securities are lower at this time. Ubid, however, is going the other way today. It is up after bank of america reiterated a strong buy on the stock about 30 minutes ago and lifted its price target to $50 a share. Now, merrill lynch also made some positive comments about this stock earlier. Bank of america says it's highly confident in near-term estimates, and they believe there is a chance that ubid may beat analysts expectations. Banc of america says ubid is a great way to play the fourth-quarter strong fundamentals. Take a look here and we see strength across the board and the stock up 6 1/4 or 19% on ubid. Well, we've got about an ..... Copyright © 1999 TVE

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