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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 164.54-0.4%3:59 PM EST
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To: Craig Schilling who started this subject1/17/2002 12:07:10 PM
From: Cooters  Read Replies (1) of 152472
 
11:13 (Dow Jones) Even though Wall Street's estimates are a bit aggressive on Qualcomm (QCOM), UBS Warburg analyst Jeffrey Schlesinger initiated coverage of the company Thursday with a buy rating. "Most of the bad news is likely in the stock," he says. "As a result of the company's strong intellectual property position, we view Qualcomm as a winner longer-term." If the company lowers guidance to a more realistic range, Schlesinger believes the stock could move higher following the company's 1Q earnings report Jan 24.
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