Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: Caxton Rhodes who wrote (18920)	11/29/1998 4:52:00 PM
From: Caxton Rhodes	Read Replies (1) of 152472

From the Union Trib today: Merrill Lynch is concerned that, "there are too many uncertainties with regard to the delivery of infrastructure equipment in several emerging markets" served by telecommunications giant Qualcomm. Merrill Lynch is worried, too, about declining cash and backlog and disappointing revenues in Qualcomm's most recent quarter. Merrill Lynch has a neutral intermediate term rating on the stock and an accumulate rating long term.

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