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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: im a survivor who wrote (31738)2/22/2001 2:28:48 PM
From: CAtechTrader  Read Replies (1) of 65232
 
QCOM is down on weak Kyocera report...however Kyocera's problems appear to be GSM based. When the leaders breakdown, like QCOM, a bottom is at hand. QCOM has visibility on accelerating revenues this year, one of the few.

14:14 ET QUALCOMM (QCOM) 67 1/4 -4 (-5.6%): -- Update -- In midday call, Morgan Stanley reiterates OUTPERFORM rating; believes that softness being experienced by Kyocera is due to GSM weakness in Europe, which shouldn't affect QCOM; expects company to reiterate guidance at analyst meeting next Wednesday.
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