Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.12

-1.8%

Dec 16 3:59 PM EST

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To: deth8 who wrote (94820)	2/28/2001 12:15:36 PM
From: William Hunt	Read Replies (1) of 152472

RESEARCH ALERT-Prudential upgrades Nextel NEW YORK, Feb 28 (Reuters) - Prudential Securities said on Wednesday it had raised its rating on Nextel Communications Inc. (NasdaqNM:NXTL - news), the biggest independent U.S. mobile phone operator, to strong buy from accumulate. Prudential said it upgraded the stock because it believes events such as its international unit's initial public offering should boost its value in the coming months. It also said the company was better positioned for the third-generation market than many investors think. ``The combination of a low valuation and notable catalysts makes us more optimistic on the prospects for Nextel's stock price. We believe much of the bad news is already discounted in the stock price, and hence we are upgrading our rating from accumulate to strong buy,'' Prudential said in a research report. Nextel shares were up 7/8 at $25 in early trading on the New York Stock Exchange. BEST WISHES BILL Interesting that it is better position for 3G---CDMA ?

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