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

To: 2brasil who wrote (28006)	4/21/1999 9:56:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

Briefing.com 4/22 - Note ref. to CSFB: QUALCOMM Inc. (QCOM 195 1/16 +54 7/16): Simply astounding day for QCOM as traders tripped over themselves trying to buy this stock after its blowout earnings report... No denying the report was great, but even a grand slam from Sammy Sosa only lifts his batting average a few points... Investors got carried away in our opinion, and we'd be reluctant to chase the stock at current levels... That said, Lehman Bros. analyst upped his price target from $180 to $220... CSFB maintained its "buy" rating and raised earnings estimates to reflect strong handset growth; raised FY99 EPS estimate from $2.71 to $3.50 and FY00 EPS from $3.35 to $5.00.