Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Michael Hart who wrote (44932)	11/3/2003 3:31:40 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Analyst Samuel May at USB Piper Jaffray raised his price target on Qualcomm shares (QCOM) to $54 from $44, and reiterated his "outperform" rating ahead of the wireless technologies company fiscal fourth quarter results, which are slated to be revealed late-Wednesday. The stock rallied 64 cents, or 1.3 percent, to $48.13, and reached a 22-month high of $48.63 in intraday trading. Analysts surveyed by Thomson First Call are expecting earnings of 29 cents a share and revenue of $873.2 million, on average. May thinks the company's outlook has "brightened" since suffering Asian inventory problems in the first half of 2003;; please go thru the previous post again I have highlighted the post again..