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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: SpudFarmer who wrote (38405)	8/20/1999 7:22:00 PM
From: Ruffian	Respond to of 152472

Blue Chip Growth Letter> QUALCOMM NASDAQ (Symbol QCOM) 52-week range 18 7/8-174 7/16 Qualcomm is the only addition to our buy list this month. This company, through the development of proprietary technology, has positioned itself as a dominant player in wireless communications. Over the past few years, it has devoted a tremendous amount of its R&D budget to the development of its Code Division Multiplier Access (CDMA) technology. CDMA offers numerous benefits over analog systems, including higher sound quality and a wider range of services. Their research efforts are paying off, as CDMA is quickly becoming the standard for new digital wireless phones. Strong sales, earnings growth, and expanding operating margins have helped this stock to soar over the past year. Despite the recent run, there is plenty of growth left. Qualcomm currently has about 250 million subscribers, and is expected to reach nearly half a billion by the year 2000. It has also struck alliances with corporate giants, including Sony Electronics and Loral, which should further contribute to Qualcomm"s future growth. With their CDMA technology and powerful alliances, we expect Qualcomm to expand its dominance in their industry. It is an excellent addition to our buy list. -- Louis Navellier, Blue Chip Growth Letter, Potomac, Md.