Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

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From: Jim Mullens	6/23/2006 11:15:52 AM
	Read Replies (1) of 152472

Analyst actions / notes Re: NOK CDMA Sanyo JV disbanding issue. Financial press / media aiding QCOM manipulation by only “reporting” the QCOM negative stuff?? Negative (1)- JP Morgan Positive (4) 1. CitiBank / SSB 2. Jeffries 3. Bernstein 4. Merrill (June 16) Snips >>> Maintain Buy, $60 target , est 5yr EPS growth 20% Negotiations with NOK may drag on till the last minute. Management believes that negotiations with Nokia will eventually lead to an agreement, yet we believe Nokia has little to gain from settling early, In our view, Qualcomm’s recent legal actions toward Nokia were designed to prevent Nokia from recognizing WCDMA revenues post April 2007.

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