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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.87+1.9%2:27 PM EST

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To: Voltaire who wrote (57817)12/29/1999 6:42:00 PM
From: Neal davidson  Read Replies (3) of 152472
 
Thread: We should all offer our thanks to PaineWebber analyst Walter Piecyk for two reasons: First, he issued a marvelous, well-thought-out report. Second, he was being ripped a new a**hole by Joe Kernan, David Faber, Mark Haines, Maria B., etc., all of whom were acting as if his $1000.00 price target was absurd. In the face of this verbal abuse, for over two hours, he agreed to appear on Sqwak Box and face the questions. He was eloquent and clear. He responded to incredulous questions without being rude, and he articulated his reasons in a manner which showed that: (a) he knew what he was talking about and (b) the QCOM story can be articulated as something more than a momentum play.

There are more upgrades to come, notwithstanding the fact that people (like Ron Inasa right now on CNBC) are still bashing Mr. Piecyk.
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