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

To: jmac who wrote (40290)	9/9/1999 7:40:00 PM
From: Ruffian	Respond to of 152472

To: Walter Liu (1375 ) From: michael piturro Thursday, Sep 9 1999 7:36PM ET Reply # of 1376 S&P Report> posted on yahoo I received a newsletter from Waterhouse with my last statement which included an article from S&P where they listed three stocks with above-average earnings potential. They were FAST, IMNX, and QCOM. Heres what the text of the article was: QCOM: This telecom equipment provider is a major supplier of digital wireless communications products based on the code division multiple acess standard, which it pioneered and licenses. QCOM is also a primary force behind the industry-wide transition to the third generation of wireless technology. The move to 3G standards, expected to occur over the next several years, will allow wireless products to achieve high-speed data transfer rates, thus allowing easy access to the Internet. The stock is up more than 400% this year, driven by positive earnings surprises as well as by the settlement of certain issues with competitor Ericsson, regarding the evolution of 3G. The settlement solidified QCOM's patent position with regard to CDMA, helping to ensure a highly profitable stream of royalities. Although the shares trade at a rich multiple, S&P believes the growing popularity of CDMA and the company's outstanding growth prospects make them an attractive speculation. This should reach several independant investors and may draw in some new attention!!!