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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (4605)11/15/2000 3:30:20 PM
From: Keith Feral  Read Replies (1) | Respond to of 196909
 
I am only trying to look at the upcoming economic cycle for 3G that will take place over the next 3 to 5 years. The basis for uninterrupted growth as GSM, iDEN, TDMA, and CDMAONE upgrades to 1X EV, 1X EV DV, & WCDMA overlays create an unusual level of visibility over this expected time horizon.

I would note the importance of recent analyst upgrades to QCOM's price target as a further indication of this new level of visibility. With the AG recommendation nowithstanding, we have seen 2 analysts bump their price targets to $120 in the past week.

If last year's performance between November and the end of the year repeats itself, things are going to be very exciting between now and the New Year.