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

To: posjim who wrote (17758)	11/4/1998 3:30:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

from Nordby.com: QUALCOMM Inc. (QCOM) 11/4/98 BT/Alex. Brown reiterates buy, 4Q beats EPS estimates, but misses on revenue side 11/4/98 Everen Securities reiterates 1-1 rating, short term target $80, long term $100 11/4/98 Goldman Sachs reiterates market outperform, raised 1998 from $1.60 to $1.63, lowered 1999 from $2.65 to $2.60 11/4/98 Lehman reiterates strong buy, 4Q beat consensus, target $65

To: posjim who wrote (17758)	11/4/1998 11:02:00 PM
From: Douglas V. Fant	Respond to of 152472

Jim, Schwab's Briefing .com agrees with Cowens and says that this is a good entry point for QCOM: Telecommunications Equipment •Lucent (LU) added more than 4 points on institutional buying and news that company and Orckit communications signed a sales and marketing deal targeting the growing ADSL market in Europe, Middle East and Africa... Stock poised for near-term test of 90-92 area. •Salomon Smith Barney downgraded Northern Telecom (NT +5/8) to outperform from buy. •Qualcomm (QCOM) slumped 2 5/8 despite posting better than expected earnings... Sell on the fact reaction creates good (re)entry opportunity for long-term investors seeking above average capital appreciation potential as company's strong earnings history suggests material multiple expansion. •At Home (ATHM) added 1 1/8 on news company agreed to a broadband content development and promotional relationship with MTV that will give @Home users access to enhanced content and existing programming assets from MTV Online.