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

To: Uncle Frank who wrote (39368)	9/1/1999 5:01:00 PM
From: JRH	Read Replies (1) \| Respond to of 152472

Hey Uncle FranK: IMO, this is a very short-term move on the analysts (and Market's!) part. Check this out: <snip> A report from Everen Securities analyst Mark Roberts, who met with company management yesterday, said that falling prices and a shortage of components could prevent the company from beating forecasts as much as it has in the past. </snip> This has nothing to do with the fundamentals of the company. If anything, it is a strong statement that the Q's CDMA is growing so substantially that the component makers can't keep up with the demand! I sure as heck am not worried about the long term performance of this monster! And to top it all off, Everen even reiterated their Buy rating. No worries here, Justin