The New Qualcomm - a S&P500 company Message Board

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

QCOM 168.06

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3:59 PM EST

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To: Keith Feral who wrote (6617)	2/18/2000 2:11:00 PM
From: Ibexx	Read Replies (1) of 13582

Qualcomm was raised to STRONG BUY from ACCUMULATE by Prudential Securities as of 02/18/00. A snapshot: * Investment opinion - STRONG BUY * Price target: $183 * Shares outstanding: 142.2 MM * Market cap: 18,489 MM (based on $130 per share) * y2k EPS projected (Sept): $1.11 (raised from $1.02) * 3 year EPS growth rate" 35% (too low --ibexx) Other points: * There are a number of near-term positive catalysts that could push the stock price higher. * We are entering a new stage in wireless which emphasizes system knowledge over connectivity. * Opportunity in China could be very large and completes the encirclement of the entire Pacific Basin. *... Sorry I can't post the URL as the report is proprietary (a very long one too. IBexx

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