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Strategies & Market Trends : The Thread

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To: stan s. who wrote (689)	5/30/2000 1:42:00 PM
From: Jack Hartmann	Read Replies (2) of 49816

Looks like QCOM broke some resistance at $68. At $70+ askresearch.com QUALCOMM (QCOM) 71 1/8 +5 1/16: -- Update -- AG Edwards upgrades to BUY from ACCUMULATE rating and price target of $120 based on belief that company is uniquely positioned to benefit from the deployment of third generation (3G) mobile wireless networks based on CDMA; cites continued strong outlook for mobile wireless subscriber growth, CDMA handset sales, and infrastructure deployment. Upgrade helped apparently. Jack

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