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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 170.17-0.4%10:40 AM EST

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To: nbfm who wrote (2664)10/25/1999 4:43:00 PM
From: slacker711  Read Replies (1) of 13582
 

Unfortunately it may take awhile for the Street to figure out what is going on....The following is an excerpt from an article on TheStreet.com.

thestreet.com

Rex Mitchell, a wireless telecommunications services analyst at Banc of America Securities who has a buy rating on the stock, said AT&T's revenues were stronger than expected. The wireless services operation grew 44.2%. That "leads the pack" when it comes to the competition, according to Mitchell. Mitchell hasn't done any recent underwriting for the company.

I heard the same type of stuff all morning on TV....."AT&T was led by strong growth in data and wireless". It will be funny to watch when they all wake up.

SSB is expecting 1.2m new subs for PCS during the Christmas quarter.

Slacker
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