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

To: Lynn who wrote (70000)	3/29/2000 4:52:00 PM
From: ggamer	Respond to of 152472

Ok the stock is up about 35 points in the last couple of weeks so I say its time for the analyst to come out of their holes and make some comments: etrade.com AFTER THE CLOSE ****** QUALCOMM (QCOM) 157 1/2 +2 11/16: -- Update -- PaineWebber analyst, Walter Piecyk making positive comments. Believes that Qualcomm will announce several license agreements for future generation CDMA wireless technologies over the next 6-18 months including Motorola (MOT) and Nokia (NOK); price target of $250 implies 175x and 55x our 2001 EPS and revenue estimates, but is based on $200 for the present value of its royalty revenue stream, $40 for 60x its ASIC profits, and $10 for other assets.