This report is dated 10/8/00
Our stock of the week is not a recommendation to buy or sell, just an interesting company you might want to follow. Please see our disclaimer at the end of this newsletter.
Our stock of the week is Qualcomm ticker (QCOM). Qualcomms's
home page is at http://www.qualcomm.com.
Get a quote for Qualcomm at http://quote.yahoo.com/q?s=QCOM&d=v1
QUALCOMM, Incorporated is a leader in developing and delivering
innovative digital wireless communications products and services
based on the Company's CDMA digital technology. The Company's
business areas include integrated CDMA chipsets and system software;
technology licensing; Eudora email software for Windows and Macintosh
computing platforms; satellite-based systems including portions
of the Globalstar system and wireless fleet management systems,
OmniTRACS and OmniExpress. QUALCOMM owns patents which are essential
to all of the CDMA wireless telecommunications standards that
have been adopted or proposed for adoption by standards-setting
bodies worldwide. QUALCOMM has licensed its essential CDMA patent
portfolio to more than 80 telecommunications equipment manufacturers
worldwide. QUALCOMM was a top US supplier of digital cell phones,
but has sold that business to Japan's Kyocera. It will continue
to make CDMA chipsets and to license that technology to others,
and will focus instead on High Data Rate, a new wireless data
technology.
If you invest in this stock please use only an amount you are willing to lose as it is risky. Stock is currently MACD up-trend, and above it's 200 day moving average. If you do enter it you should cut your loses at 8% of your original investment which is a stop price of 71 9/16 at its current price of 77 13/16. Stock is up 37% in the last 3 months, down 49% in the last 6 months and up 46% in the last 12 months and its performed better than stocks in its industry group over the past 3 and 12 months, but worse over the last 6 months. Its 52-week high is $200 and it's currently trading at 77 13/16 which is 61% from its high. Resistance at $100 and support at $75. According to their 10Q "The Company is engaged in other legal actions arising in the ordinary course of its business and believes that the ultimate outcome of these actions will not have a material adverse effect on its results of operations, liquidity or financial position". Their revenues for the previous 12 months was $3.6 billion with $668 Million in income. Morningstar.com rates Qualcomm as an "B" for Growth, "B+" for profitability, "A+" for financial health, and an "C-" for valuation which is a good rating but a little overvalued. Barchart.com rates 80% short term buy, 100% Medium term buy and long-term 30% buy which is a pretty good. Stock has a 1.65 rating on Yahoo, which is good. VectorVest rates it excellent value, fair safety, very good timing. for an overall rating of very good and they have a buy recommendation on the stock. To do a complete analysis go to http://StockG.com/q.htm. .
One risk of many is that this stock is overvalued, and the
Nasdaq has been performing poorly, technology risk if competing
platform takes market share away or if Chinese business doesn't
materialize.
Click below for research link on QCOM:
* Motley Fools at http://quote.fool.com/uberdata.asp?symbols=QCOM
* Money Central at http://moneycentral.msn.com/investor/research/wizards/srwfund.asp?Symbol=QCOM
* Morningstar.com at http://quicktake.morningstar.com/Stocks/StockGrade/_qcom.html
* Barchart.com at http://quotes.barchart.com/texpert.asp?sym=QCOM&code=1
* SmartMoney.com at http://smartmoney.com/si/tools/eqsnaps/index.cfm?story=competition&symbol=QCOM&fk=7272
* ClearStation.com at http://www.clearstation.com/cgi-bin/details?Event=peek&Symbol=QCOM&Refer=http://www.clearstation.com/
* Yahoo at http://quote.yahoo.com/q?s=QCOM&d=b
* Second Opinion at http://suretrade.stkwtch.com/Suretrade/Secop/QCOM.asp
* Thomson I-watch at http://iw.thomsoninvest.net/iwatch/cgi-bin/iw_page?ticker=QCOM
* Raging Bull at http://www.ragingbull.altavista.com/mboard/boards.cgi?board=QCOM
* 10Q at http://www.sec.gov/Archives/edgar/data/804328/0000936392-00-000223.txt
* Broker Reports at http://www.cnetinvestor.com/reports-single-company.asp?symbol=QCOM
* Momentum report at http://www.cnetinvestor.com/momentum-rating-single-company.asp?symbol=QCOM
* Vector Vest at http://www.vectorvest.com
* Price History YTD: http://chart.yahoo.com/t?a=12&b=28&c=99&d=10&e=08&f=00&g=d&s=qcom&y=0&z=qcom
Please note that author doesn't own any shares of this stock.
YTD (Year-to-date) Chart