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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 180.27-0.4%9:30 AM EST

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To: Ramsey Su who started this subject9/20/2002 8:24:15 AM
From: qbull  Read Replies (3) of 196418
 
08:21 ET QCOM Qualcomm: cautious comments from CIBC (25.72) -- Update --
CIBC says they continue to be extremely skeptical regarding QCOM's 2002 forecast for CDMA handsets of 80-85 mln (firm still sees 64 mln), and believes that there is a strong potential for significant inventory builds of CDMA chipsets; firm believes co will eventually will face a significant inventory correction, as handset sell through and chipset sales come into balance
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