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To: Glenn D. Rudolph who wrote (92470)1/28/2000 1:52:00 PM
From: KeepItSimple  Respond to of 164684
 
Whats up with qualcomm? It just had an analyst price target of 1000... now its back to 400 pre-split.

I thought analyst price targets were just a way to tell the little guy where the stock would be trading in the near future? because analysts know those sorts of things and like to share their knowledge- they are really smart and looking out for the small investor.

What gives?



To: Glenn D. Rudolph who wrote (92470)1/28/2000 2:48:00 PM
From: Bob Kim  Read Replies (1) | Respond to of 164684
 
Merrill went to a neutral on QCOM but that was when it was around 140.

Glenn,

Did you know that before the downgrade, Merrill's price target was $67.50?


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