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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.05

+0.2%

1:34 PM EST

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To: S100 who wrote (114316)	2/25/2002 3:32:59 PM
From: Kayaker	Read Replies (1) of 152472

December 12, 2001 Merrill Lynch portfolio manager Paul Meeks left the firm earlier this week. Merrill Lynch portfolio manager Paul Meeks left the firm earlier this week. Meeks, who had managed the Global Technology Fund, is the sixth portfolio manager to leave Merrill since September. Several managers had opted to take severance packages offered by the firm as part of a broad restructuring plan. Meeks’ motives for leaving the firm could not be determined. ---------------------------------------- Stock picks by the pros January 16, 2002: 2:07 p.m. ET Paul Meeks, portfolio manager of the Merrill Lynch Global Tech Fund, likes QualComm for its patent on code division multiple access technology for wireless devices. PAUL MEEKS' PICKS Qualcomm (QCOM) "In the long-term, it's very rare for one company to have such a proprietary lock on the technology and QualComm has that with CDMA technology," he said. "It's all patented. And so I like it long-term. I think it can go from $45 to $60, $65. Under $45, it becomes particularly compelling -- but be careful of the current quarter." money.cnn.com ---------------------------

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