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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: Uncle Mikey who wrote (1603)2/8/1997 5:53:00 PM
From: Ramsey Su   of 1819
 
Mike, you are wrong, my cheap sheep joke still didn't reach Maurice.

Back to the serious side. QCOM is getting ready for their first ever analysts open house (next week I think). They are not going to disappoint the analysts.

Wall Street is starving for companies to recommend. The most recent Zacks report states only 36.56% institutional ownership and 8% insider ownership. Not sure how current Zacks is since they also states QCOM only has 3600 employees versus the actual of around 7,000.

Nevertheless, QCOM could start appearing on more "Focus" list by the end of the month. With only 70million or so shares out, may be a split is justified in the near future, especially since share price is going to move into 3 digits by year end. Right?

Ramsey
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