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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 166.77-4.2%3:59 PM EST

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To: uel_Dave who wrote (5760)1/26/2000 8:51:00 PM
From: Ruffian  Read Replies (1) of 13582
 
Report Source Alex Cena
(Added 1/26/00 4:47:15 PM)
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QCOM
QUALCOMM, Inc.
Communications Equipment
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Alex Cena is the wireless communications analyst at Salomon Smith Barney.

- SnapTrack deal is good for QCOM and should accelerate growth of e-commerce over wireless networks

- there are a number of players in this business but QCOM's competitive advantage is to marry SnapTrack technology with QCOM's CD
Main technology and embed it in wireless

- QCOM's problem is that demand is far outstripping supply; there are twice as many cell phones as PC's and huge consumer demand

- 2000 will be as good a year or better than 1999

- Cena does not cover INTC but says that it is targeting 3rd generation and should not be competitive in the near-term with QCOM

quote.bloomberg.com
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