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


To: RocketMan who wrote (57360)12/29/1999 8:44:00 AM
From: Randall Knight  Respond to of 152472
 
In the XING press release, wasn't there reference to a joint venture with an "unnamed" Asian handset manufacturer? Let's see.... didn't an Asian handset manufacturer just buy QCOM's handset unit? Didn't said manufacturer make reference to opportunities in China?

Kyocera stock is skyrocketing. Apparently, the Asians are viewing this CDMA thing as a serious enterprise. Me thinks that the pressure on Nok will build faster than I anticipated. I'll wager we see more news on China very shortly.

Now, about this Paine Webber price target. What fool would put such a divergent price target on a company (most other analysts are still mired in the 500-570 range) without doing DD? Strange things are afoot in CDMA land.