Qualcomm Inc (QCOM)

[khemara_qc]

QCOM - New Position For Cramer
Courtesy of BONAN99 from Yahoo QCOM Board:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=4686818&tid=qcom&sid=468...

by: BONAN99 09/08/05 10:14 am
Msg: 573340 of 573340

He will pump it up big tonight on his show:

Thursday, September 08, 2005 10:00 a.m. EDT

Dear ActionAlertsPLUS Subscriber,

I'm free to trade Qualcomm (QCOM:Nasdaq) this morning, and
am going to initiate a position after you read this alert.
I'm going to buy 1,500 shares; the stock is trading at
$40.90 as I write. I'll give you readers a more detailed
update later, but this company is no stranger to most
investors.

Qualcomm has barely budged this morning, despite receiving
multiple positive analyst comments overnight. This
purchase is in line with my thesis that the tech rally
will be based on who makes the hot products. Nothing is
hotter than mobile phone handsets these days, and the
company's 3G technology continues to be in high demand.
With that in mind, I believe Qualcomm shares can trade up
toward $50 in the coming quarters.