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

To: Walter Liu who wrote (9184)	3/11/1998 12:27:00 PM
From: straight life	Read Replies (1) \| Respond to of 152472

RESEARCH ALERT-EVEREN starts Qualcomm CHICAGO, March 11 (Reuters) - EVEREN Securities said Wednesday it initiated coverage of Qualcomm Inc with intermediate- and long-term outperform ratings. -- set intermediate-term target price of $60 per share, long-term target of $100. -- stock was up 1-1/8 at 49. -- EVEREN said recent share price weakness was mostly due to potential for slower-than-expected earnings growth over next several quarters, related to weak Asia demand, but said investors use weakness as buying opportunity. -- said expects shares to be driven by earnings growth and ''positive announcements'' over next several years.