lt cap,

Haven't read the article yet, but my first reaction is that if Qualcomm is going to try and compete successfully in INTC's main chip products, they had better take along a lunch. I *think* last q's revs were at least a small beat, and they raised guidance, which was well received by the analyst community. If they meet the bar they have set with that guidance, I think the analysts give them a 'passing grade' or more, based on what I've seen that 'top' analysts seem oblivious to some of messy challenges before INTC which will be hard to resolve. Either these analysts (S and P Capital IQ is particularly egregious, and should know better) really  aren't aware of these issues, or they choose not to share any of that info with sharholders/buyers, because it's 'bad for business' - or whatever reason. Having listened to some of them on Nightly Business Report (which I just realized is really a CNBC product), I think it's the former - they're just clueless because the analysis isn't very deep. Hard to believe that they could be that unaware, but I think it's the higher probability.