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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 152.66+0.7%3:59 PM EST

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To: Voltaire who wrote (57358)12/29/1999 8:57:00 AM
From: Ruffian  Read Replies (1) of 152472
 
Paine Webber Report>

Qualcomm - PaineWebber -2: Target Is For
12 Months

No further information is available at this time.

By Christina Cheddar

NEW YORK -- PaineWebber initiated coverage of Qualcomm Inc.
(QCOM) with a buy rating and a 12-month price target of $1,000.

PaineWebber analyst Walter Piecyk said Qualcomm, a San Diego
developer of digital wireless communication systems and Internet products,
represents "an appropriate way to invest in the long-term growth trends of
wireless and data."

Qualcomm shares closed Tuesday at 503, down 10 7/16, or 2%, from
Monday's close.

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