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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 174.810.0%Dec 26 9:30 AM EST

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To: Jon Koplik who wrote (12353)6/15/2000 1:26:00 PM
From: SgtPepper  Read Replies (3) of 13582
 
Mark Roberts of First Union Securities ... said he was flabbergasted by other analysts' downgrades.

He said he has spoken with Qualcomm management since Wednesday's Bear Stearns conference, who encouraged him to maintain his estimate for the upcoming July quarter, and said they are comfortable with estimates for the fourth quarter.


Either this guy is lying, or QCOM already refuted the Bear Stearns worries. I wonder if the geniuses at BS or H&Q ever bothered talking to the company? Or did they just sit at the back of the room at the conference and wait for a good quote to bolster their pre-planned news releases?
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