Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.20

-3.3%

3:59 PM EST

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To: carranza2 who wrote (140019)	11/4/2005 9:31:28 AM
From: John Hayman	Read Replies (1) of 152472

Well, you know it's not good to say something like that eh? vbg And for what it's worth.... Qualcomm "buy," target price reduced Friday, November 04, 2005 3:28:52 AM ET UBS NEW YORK, November 4 (newratings.com) - Analysts at UBS maintain their "buy" rating on Qualcomm Inc (QCOM.NAS), while reducing their estimates for the company. The target price has been reduced from $50 to $49. In a research note published yesterday, the analysts mention that the company has reported its F4Q05 revenues and EPS in-line with the estimates. Qualcomm issued its revenue and EPS guidance for F1Q06 ahead of the estimates and the consensus, driven by the strength in 3G, the analysts say. According to UBS, the company's earnings growth is expected to reaccelerate in FY06, driven by CDMA catalysts and the expanding WCDMA market. The pro-forma EPS estimate for FY06 has been reduced from $1.51 to $1.48 to reflect the $0.03 dilution from the Flarion acquisition.

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