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


To: METMAN who wrote (27916)4/21/1999 1:01:00 PM
From: Valueman  Read Replies (3) | Respond to of 152472
 
Tim Luke:

" We continue to view QUALCOMM as a highly
attractive investment vehicle in the wireless equipment sector. Our 1-Buy
rating and our price target of $210-220 is based on QUALCOMM achieving a
multiple of around 35 times our new high-end calendar 1999 EPS estimate
range
of $5.75-$6.00.