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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999
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To: GO*QCOM who wrote (165)3/29/2000 6:23:00 PM
From: GO*QCOM  Read Replies (1) of 343
 
QUALCOMM (QCOM) 157 1/2 +2 11/16: -- Update --
PaineWebber analyst, Walter Piecyk making positive comments. Believes
that Qualcomm will announce several license agreements for future
generation CDMA wireless technologies over the next 6-18 months
including Motorola (MOT) and Nokia (NOK); price target of $250
implies 175x and 55x our 2001 EPS and revenue estimates, but is based
on $200 for the present value of its royalty revenue stream, $40 for 60x
its ASIC profits, and $10 for other assets.
From Briefing.com
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