The New Qualcomm - a S&P500 company Message Board

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

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To: Eric L who wrote (2453)	10/18/1999 10:19:00 AM
From: Ruffian	Read Replies (1) of 13582

Nice Cdma Plug> Monday October 18, 9:51 am Eastern Time RESEARCH ALERT-J.P Morgan raises Sprint PCS NEW YORK, Oct 18 (Reuters) - J.P. Morgan raised its investment rating on Sprint PCS Group (NYSE:PCS - news) to buy from long-term buy, the investment firm said on Monday. -- Year-end 2000 target priced upped to $90 from $80. -- Sprint is well positioned to take advantage of upside industry projections with its national wireless platform, strong distribution and robust CDMA technology. -- Further upside potential over the next year may be realized during the next six to nine months from Sprint's wireless Web initiatives, acceleration of subscriber growth from MCI WorldCom Inc.'s (NasdaqNM:WCOM - news) and the potential acceleration of industry growth that should foster further upside for PCS.

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