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6/8/2012 9:23:56 AM

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theflyonthewall.com:		Qualcomm QTL licensing should be better than anticipated, says Cowen
		Cowen raised its estimates on Qualcomm and believes QTL licensing could be better than anticipated citing new CDMA-based connections and CDMA-based market trends. The firm said its LTE baseband advantage is playing out favorably with its expected iPhone 5 and Galaxy S lll wins. Shares are Outperform rated. :theflyonthewall.com