Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 179.02

+3.7%

Nov 5 3:59 PM EST

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To: hedgefund who wrote (140981)	1/11/2006 8:47:58 AM
From: jackmore	Read Replies (1) of 152472

QUALCOMM "overweight" Wednesday, January 11, 2006 3:10:47 AM ET Prudential Financial NEW YORK, January 11 (newratings.com) - Analyst Inder M Singh of Prudential Financial reiterates his "overweight" rating on QUALCOMM Inc (QCOM.NAS). The target price is set to $55. In a research note published yesterday, the analyst mentions that recent checks indicate that carrier promotional activity in the December quarter has significantly boosted customer adoption of 3G technologies. QUALCOMM’s WCDMA chipset market share has expanded from the low- to mid-teens to the mid- to high-20% range due to increased sales of handsets that use the company’s chipsets, the analyst says. The company’s chipset sales and high-margin royalty revenues are expected to increase substantially due to the anticipated robust growth in the WCDMA market, Prudential Financial adds. newratings.com

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