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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.65+1.5%3:59 PM EST

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To: marginmike who wrote (86934)11/10/2000 11:50:11 AM
From: golfinvestor  Read Replies (2) of 152472
 
Lehman Brothers Covers QCOM, ORCL, BLL and TCM
By: Lehman Brothers
11/10/00 6:52:30 AM

Lehman Brothers covers Qualcomm with a Buy rating. The brokerage firm also covers Oracle Corp as a Buy, and comments on Ball Corp (Buy) and Tycom (Outperform), in addition to issuing a general statement regarding the Investment banking industry. Catch the details in today's Lehman Brothers report.

QUALCOMM Inc(QCOM) 1 - Buy
TDMA Carriers May Consider Migrating To 1X-CDMA
·We believe growing evidence that some carriers currently using TDMA and iDEN technology may be considering upgrading to Qualcomm’s 1X-CDMA technology as they migrate to data enabled networks may be viewed as a major strategic positive for QCOM. We reiterate our Buy rating.
· Respected journal "Telephony" has reported this week that Bell South International in Brazil is considering migrating to 1X-CDMA technology in order to provide wireless data ahead of its rivals. We believe success in Brazil could potentially lead US parent Cingular(SBC/Bell South) to consider 1X.

Welcome Cingular to the growing CDMA family!
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