Qualcomm Inc (QCOM): Four Picks In Wireless 03.25.04, 2:57...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	0
Posts	1495
Boards Moderated	0
Alias Born	02/14/2004

khemara_qc

Re: None

Thursday, 03/25/2004 3:41:32 PM

Thursday, March 25, 2004 3:41:32 PM

Four Picks In Wireless
03.25.04, 2:57 PM ET

Deutsche Bank increased its price target for Qualcomm (nasdaq: QCOM - news - people ) to $80 from $70, citing "our more favorable outlook on 1xEV-DO [wireless] technology and Qualcomm's continued success with CDMA." Deutsche Bank urged investors to not "ignore the emerging wireless technologies." The research house said that capital spending on wireless technologies is "no longer on the back burner, and that deployments of EDGE and 1xEV-DO wireless technologies should accelerate as those technologies mature." In the wireless sector the research house reiterated "buy" ratings for Qualcomm, Andrew (nasdaq: ANDW - news - people ), Silicon Laboratories (nasdaq: SLAB - news - people ) and Tekelec (nasdaq: TKLC - news - people ). Deutsche Bank also repeated "hold" ratings for Motorola (nyse: MOT - news - people ), Powerwave Technologies (nasdaq: PWAV - news - people ), RF Micro Devices (nasdaq: RFMD - news - people ), Brightpoint (nasdaq: CELL - news - people ), Stratex Networks (nasdaq: STXN - news - people ) and Sirenza Microdevices (nasdaq: SMDI - news - people ).

http://www.forbes.com/markets/2004/03/25/0325automarketscan11.html?partner=yahoo&referrer=