Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (22585)	6/15/2000 12:52:00 PM
From: im a survivor	Read Replies (2) \| Respond to of 35685

TAKEN FROM CBSMARKETWATCH.COM... Basically this is a one sided picture. Ed Snyder Vs. the others... And at this price, it is wise to listen to MORE THAN ONE ANALYST, especially since OVER 20 COVER THIS STOCK === First Union Securities analyst Mark Roberts couldn?t disagree with Snyder more. ?We can find no evidence of a slowdown in the global demand for CDMA handsets - even considering the likely slowdown of growth in Korea,? Roberts said in his note to clients. He also believes investors are still ?confused? about Qualcomm?s patent/license position with regard to third generation technologies. Roberts said he thinks investors are taking a ?very simplistic? view of the situation and that he remains comfortable with his above consensus estimates of 33 cents a share and $1.11 for the fourth quarter and all of fiscal 2000, respectively. ?We believe there is no real risk to our FY01 earnings estimates from either Globalstar or the volatile situation in China,? Roberts said as he reiterated his ?strong buy? recommendation on the stock. Ragen MacKenzie analyst James Reynolds also reiterated his ?buy? rating on the shares and maintained his earnings estimates Thursday morning. ?The company is well positioned to collect substantial royalties and sell large volumes of semiconductor devices from the use of its CDMA technology for wireless telephone, wireless Internet access devices and 4G wireless technology,? Reynolds said in his research note.