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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 692.27

+0.3%

Jan 15 4:00 PM EST

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To: Clint E. who wrote (34039)	9/5/2001 1:43:41 PM
From: Johnny Canuck	Read Replies (1) of 69804

13:37 ET QUALCOMM (QCOM) 52.20 -2.10 (-3.9%): Sources at Salomon Smith Barney telling us that firm is reiterating its Buy rating after QCOM's upbeat presentation this morning at firm's Tech Conference. QCOM expects to ship 4 mln 1X chips in Q4 and expects to see increasing handset chip shipments over the next several qtrs as BTS chip shipments (a 1-2 quarter leading indicator) have shown increasing volumes... Firm would use weakness as a buying opportunity.

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