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

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: ggamer who wrote (77365)	5/27/2008 3:27:03 PM
From: ggamer	Read Replies (2) of 197280

Qualcomm - QCOM-NNM Outperform - Price 47.35 on May 19 by First Global Robust growth in 3G wireless-handset markets continues...New emerging markets like India offer good growth opportunities...[amid affordable] new-product launches. Major agreements for Firethorn financial-mobility solutions, and MediaFLO USA [should] further strengthen long-term growth prospects...the legal conflicts appear to be heading toward resolution ....EPS for 2007 is $2.01; '08E is 2.11 and '09E is 2.36. Estimated P/E for '08, '09: 19.3 times, 17.3 times. Market cap: $75.92 billion. All of these upgrades are bullshxxt! The story has not changed for a few years now and why did the story all of sudden change in the past couple of weeks? Why all the upgrades in the past couple of weeks? I think there is some sort of news that they know about but they are unable to share it. What do you all think?

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