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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST

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To: Craig Schilling who started this subject7/14/2000 4:10:17 PM
From: foundation  Read Replies (2) of 152472
 
QUALCOMM (QCOM) 63 1/2 +1 1/2: Banc of America securities commented on QCOM today after reducing number last week to reflect fall off in South Korea; thinks QCOM should be owned for December when (1) new Motorola models kick in, (2) CDMA partnership shipments to Korean customers begin with QCOM (3) their new fab starts running; maintains STRONG BUY rating and $130 price target because of long-term bullishness, but believes the Korean news is still not fully in the stock.

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