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

To: SKIP PAUL who wrote (13679)	8/13/1998 3:27:00 PM
From: Sawtooth	Respond to of 152472

Another report (GS) via the Noka thread, As always, FWIW. <<HELSINKI, Aug 13 (Reuters) - Goldman Sachs on Thursday said it was keeping its positive stance on the wireless telecom equipment sector due to strong subscriber growth around the world and the good outlook for companies in the second half of the year. Goldman said it published a transcript of a July 28 conference call on the industry in which it had reviewed Q2 earnings from Finnish Nokia <NOKSa.HE>, Swedish Ericsson <LMEb.ST>, and U.S. Motorola <MOT.N> and Qualcomm <QCOM.O>. "We remain fundamentally positive on the wireless equipment sector, based on exceptional subscriber growth seen around the world which should lead to numerous extension contracts, bolstered by a positive outlook from operators for the second half of 1998," Goldman Sachs said in a research note. "We are recommending Ericsson and Nokia shares, both trading at significant discounts to U.S. peers, and rate Qualcomm and Motorola as Market Outperformers, pending a turnaround in performance at the latter," Goldman Sachs said.>>