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

To: manny t who wrote (78438)	8/6/2000 9:55:55 PM
From: Ruffian	Respond to of 152472

Intuit, Qualcomm Recommended by a Guest on PBS' `Rukeyser' By Samantha Zee Owings Mills, Maryland, Aug. 4 (Bloomberg) -- Intuit Inc. and Qualcomm Inc. are technology stocks that are expected to grow as they focus on expansion and developing their products, said a guest on ``Wall Street Week With Louis Rukeyser.'' Intuit, maker of personal-financial software such as Quicken and TurboTax, is expected to report in the coming days that its fiscal fourth-quarter sales and profit for the period ended July 31 exceeded expectations. Shares of the Mountain View, California- based company were unchanged today at 39. They've climbed 59 percent in the past year. ``Intuit probably has the best financial Web site that there is,'' said William Meehan, senior market strategist for Cantor Fitzgerald & Co. in Stamford, Connecticut. ``They're well positioned and not that expensive within the measures of the Internet economy. And they make money, which is kind of unique.'' Qualcomm, which developed mobile-phone technology used by 65 million people, announced last month that it plans to sell stock in its business that makes chips for wireless phones and will spin off the remaining 90 percent of the unit to shareholders. ``Qualcomm has taken a bit of a hit this year, but I've recently bought them and their chart looks very attractive,'' Meehan said. San Diego-based Qualcomm, whose shares have dropped 64 percent this year, today fell 1/4 to 64. Meehan also recommended energy-related businesses and within the retail sector, ``a group that's clearly out of favor right now,'' he favors Federated Department Stores Inc., which owns Macy's and Bloomingdale's. Federated Department Stores, ``has been taken apart and it's cheap,'' he said. ``Wal-Mart Stores is also an attractive, long- term holding.'' Other stocks that panelists recommended include, FleetBoston Financial Corp. and Chase Manhattan Corp., which have ``very attractive valuations,'' according to Bank One Corp.'s Alison Deans. Tom Gallagher, managing director of International Strategy and Investment Group recommended Motorola Inc. and Gillette Co.

To: manny t who wrote (78438)	8/6/2000 10:36:43 PM
From: samim anbarcioglu	Respond to of 152472

QUALCOMM QCOM Chase H&Q Market Perform Buy 25 Jul 2000

To: manny t who wrote (78438)	8/7/2000 9:29:54 AM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 152472

I think that Wall Street Week has about 2 or 3 million more viewers than BARRON'S has readers. After the latest article in BARRON'S, I wouldn't be surprised if BARRON'S readership continues to dwindle. I for one no longer read any of the articles, unless they mention stocks I'm following. I find the stock data useful, but there are major gaps in coverage that should be remedied. One of these days, given the high quality and ease of access to online data, I might stop buying BARRON'S altogether. Art