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

To: Dennis Roth who wrote (14152)	8/21/2001 3:15:10 PM
From: ggamer	Read Replies (1) \| Respond to of 197297

From Briefing.com . . . 12:48PM Nokia (NOK) 17.67 +0.42: -- Morning Note -- Lazard Freres initiates coverage with an OUTPERFORM rating and price target of $20; says Nokia is well positioned to extend its market share advantage into 3G next-generation mobile Internet; although business for Nokia is slowing in 2001 due to weakening economic conditions and reduced carrier spending, firm expects growth to resume in 2002, driven by increased wireless service penetration and growing demand for Web-enabled wireless data services; notes that Nokia's management team has demonstrated an ability to execute and gain market share while preserving profitability; expects Nokia to continue to outperform its peers and grow its revenues by 20% annually during the next few years. 12:43PM QUALCOMM (QCOM) 65 +1.29: -- Morning Note -- Lazard Freres initiates coverage with an OUTPERFORM rating and price target of $70; as dominant supplier of CDMA chipsets and owner of key patents for CDMA technology, Qualcomm is well positioned to supply chipsets and collect royalties from manufacturers of current 2G and future 2.5G/3G CDMA-based handsets and infrastructure equipment; notes that QCOM's addressable market is expected to grow more than fivefold over the next several years; although business has stalled in FY01 due to weak handset demand and delayed 3G network deployment, firm expects growth to resume in FY02, driven by improved business fundamentals, accelerated cdma2000 1x/1xEV network deployment in Korea, Japan and the U.S., and new cdmaOne (2G) network rollouts in China. GGamer