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

To: William Hunt who wrote (91523)	1/10/2001 11:06:34 AM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 152472

I wish I could see that far in the future Anyone buying a high-PE stock is claiming the ability to do just that.

To: William Hunt who wrote (91523)	1/10/2001 11:34:20 AM
From: carranza2	Read Replies (1) \| Respond to of 152472

Amazing, huh? And the downgrade is made just a few days before earnings figures are released. Coincidence? I'm getting too old and cynical to believe in coincidences.

To: William Hunt who wrote (91523)	1/10/2001 12:12:02 PM
From: Cooters	Read Replies (3) \| Respond to of 152472

RESEARCH ALERT-Wit Soundview cuts Qualcomm to hold --From AOL. A little more detail.-- Cooters NEW YORK, Jan 10 (Reuters) - Wit Soundview analyst Matthew Hoffman said on Wednesday that he cut his rating on Qualcomm Inc. <QCOM.O> to hold from buy and reduced his 2001 and 2002 earnings estimates. On Tuesday, Nokia Corp. <NOK.N>, which sells handsets that use Qualcomm's proprietary CDMA technology, reported weaker than expected global sales for 2000. He cut his 2001 EPS view for Qualcomm to $1.18 from $1.27, and his 2002 view to $1.40 from $1.50. The analysts' consensus estimate is $1.27 for 2001 and $1.66 for 2002, according to research firm First Call/Thomson Financial. Hoffman also cut his revenue estimates for fiscal year 2001 to $2.645 billion from $2.842 billion and for 2002 to $3.215 billion from $3.434 billion. Shares of Qualcomm were off $3-1/2 to $69-3/4 in Nasdaq market trading on Wednesday. The stock has a 52-week range of $51-1/2 to $163. 11:44 01-10-01