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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 174.01

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Nov 14 3:59 PM EST

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To: John Biddle who wrote (33097)	3/4/2003 5:27:05 PM
From: John Biddle	Read Replies (1) of 196654

Blaylock Initiates Coverage of ALLTEL With 'Buy' Rating; Motorola and Qualcomm Given 'Hold' Ratings Tuesday March 4, 4:52 pm ET Press Release Source: Blaylock & Partners biz.yahoo.com snip . . . Messrs. Black and Moses today also initiated coverage on Qualcomm with a "Hold" rating. In their report titled "Waiting for China", the analysts cite the company's weak penetration in this burgeoning market as a key factor in their neutral rating. With 1.3 billion people and only 15% wireless penetration, the analysts state that China presents a "huge opportunity" for companies in this space. However, Qualcomm has only captured 2% of the existing market. Its long-term prospects are uncertain here as well, as the Chinese government has yet to name the company's CDMA (Code Division Multiple Access) technology as a dominant standard for the wireless sector.

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