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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 170.90

-1.3%

Nov 7 3:59 PM EST

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To: Carter Patterson who wrote (5624)	12/18/2000 3:16:35 PM
From: JohnG	Read Replies (3) of 196568

Lying Ed Snyder weighs in for SAWS Chase says SAWS OK --2:38 pm - By Tomi Kilgore Chase H&Q analyst Edward Snyder reiterated his "strong buy" rating and $100 price target on Sawtek (SAWS: news, msgs), stressing "there is no overlap" of Qualcomm's (QCOM: news, msgs) new chipsets, which is based on CDMA2000, with Sawteck's filters, which are not of the 'third-generation' variety. The stock is trading down $17.38, or 27 percent, at $47.63. Earlier, Banc of America downgraded the stock, saying Qualcomm's new chipset was a negative for SAWS (see 11:51 item). Snyder noted out that Sawtek has been diversifying its filters, and sees no impact "in the foreseeable future." Snyder points out that few CDMA service profiders were planning to switch to CDMA2000. QCOM is now up $6.06 at $85.63. JohnG

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