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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 157.21-0.4%11:47 AM EST

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To: idler who wrote (111225)1/20/2002 6:14:34 PM
From: Art Bechhoefer  Read Replies (1) of 152472
 
Merrill has been one of the major investment firms recommending QUALCOMM lately. It would be inconsistent for any of their analysts to reverse themselves now that many of their clients have probably bought shares.

One curious thing going on at the moment is that there are some investment firms that are generally positive on QUALCOMM, while others, also influential, are quite negative. This indicates a lot of uncertainty, and a lack of understanding where the industry is moving. When you see this kind of uncertainty accompanied by what appears to be a very low price for the stock, it suggests that this may be a good time to buy. At this point, I think most investors will be waiting for the results on Thursday.

Art
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