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

To: Keith Feral who wrote (40033)	9/8/1999 12:19:00 AM
From: Maurice Winn	Read Replies (3) \| Respond to of 152472

If we get to 61m at the end of this year, I'll have to zoom my end of next year number way up! Q! will be a $trillion company sooner than we think if it gets to 61m CDMA subscribers this year. Replacement handsets will be a big item next year, so subscribers and cumulative handsets sold will start to diverge substantially. That's something Tero has been right about - replacements have been underestimated by many. Look at MarginMike - he's bought about a dozen phones - though maybe I've lost count. This is so much fun. Mqurice

To: Keith Feral who wrote (40033)	9/8/1999 12:27:00 AM
From: Ruffian	Respond to of 152472

Tim Luke> Analyst Tim Luke said Motorola should benefit from the strong wireless communications market and the thirst for wireless data services. His upgrade came in tandem with bullish calls Tuesday on several wireless phone companies by analyst John Bensche. Luke raised his 12-month price target to 125 from 105 and increased his 1999 operating earnings estimate to $2.04 per share from $2.00. Luke raised his 2000 estimate to $3.10 per share from $3.00 and established a new 2001 estimate of $4.00. Motorola, Schaumburg, Ill., has new handsets that should sell well during the upcoming holiday season. Those strong sales, combined with a reviving chip business and an ongoing restructuring should add up to strong performance, said Luke. Luke said investor anxiety over Motorola's investment in the troubled Iridium World Communications Ltd. (IRIQE) may moderate in the coming weeks, lifting a weight off the stock as investors put the drama behind them. "A buoyant outlook for the services stocks underpins why some of the equipment stocks should trade at a premium," said Luke, who also reiterated positive ratings on Nokia Corp. (NOK), Qualcomm Inc. (QCOM), Nortel Networks Corp. (NT) and Comverse Technology Inc. (CMVT).