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

To: limtex who wrote (119233)	5/23/2002 8:40:47 AM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 152472

QCOM Qualcomm price target lowered on reduced visibility at Soundview (31.37) We are hearing from sources that Soundview is lowering their price target to $38 from $48 due to reduced visibility into future WCDMA and CDMA2000 royalty streams; firm questions the co's calculation of the amount of 1X chip inventory that appears to be continuing to build worldwide, and thinks the excess chip units will be hard to work through and will be a drag on numbers until US operators begin to deploy 1X aggressively. Without immediate catalysts, believes the shares are more attractive in the mid-$20s.

To: limtex who wrote (119233)	5/23/2002 8:46:45 AM
From: qveauriche	Read Replies (2) \| Respond to of 152472

I thought he was the bear reincarnation of this fellow who used to post and had kind of a "son of Great Santini" swagger blended with a surfer dude persona. I can't remember the name though. If I remember I will let you know. He's always been a colorful poster. Glad he's still around , albeit in a different capacity. And WR, intending no disrespect, I pray like hell you're wrong.