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


To: Caxton Rhodes who wrote (18920)11/29/1998 4:52:00 PM
From: Caxton Rhodes  Read Replies (1) | Respond to of 152472
 
From the Union Trib today:
Merrill Lynch is concerned that, "there are too many uncertainties with regard to the delivery of infrastructure equipment in several emerging markets" served by telecommunications giant Qualcomm.

Merrill Lynch is worried, too, about declining cash and backlog and
disappointing revenues in Qualcomm's most recent quarter. Merrill Lynch has a neutral intermediate term rating on the stock and an accumulate rating
long term.