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

To: John Meares who wrote (65874)	2/2/2000 8:54:00 PM
From: Jim B	Read Replies (2) \| Respond to of 152472

who knows... hey, anyone think this thing is heading back to $175 range sometime next week?? at least back up over $150... my puts are worthless... this stock doesn't seem to wanna retest those lows.. nor does it even want to fill the gaps... (although it probably will).. heck, no signs of profit taking either so far... maybe I should bet the farm on calls.. lol jim

To: John Meares who wrote (65874)	2/2/2000 9:39:00 PM
From: Bob Kim	Read Replies (1) \| Respond to of 152472

John, Merrill Lynch's intermediate-term and long-term ratings refer to appreciation potentials for 0-12 months and >12 month time horizons, respectively. The long-term rating is often meaningless. For example, every stock in Henry Blodget's coverage is rated long-term Buy. Buy = 20%+ appreciation potential over designated horizon Accumulate = 10% to 20% Neutral = -10% < x < 10% Reduce= -10% to -20% Sell = -20%+ A stock with an intermediate-term Neutral rating has no price target. When a price target is referred to as a 12 month target then the intermediate-term rating has precedence. All intermediate-term Buy rated stock should have 12 month price targets, regardless of the long-term rating, but some analysts violate this guideline. There is a loophole that allows a stock rated Accumulate/Buy to have a price target with >20% upside potential if it is designated a 12-18 month price target. In that case the long-term rating has precedence.