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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%Jan 7 3:59 PM EST

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To: Craig Schilling who started this subject3/29/2001 5:23:42 AM
From: Michael Allard  Read Replies (1) of 152472
 
Ref: CHINA

The recent announcement of $8 Billion (US) in infrastructure and 13 Million subs this year would relate to an additional EPS of:

$8 Billion/3 (over 3 yrs) X 3% = 80 Million

13 Million subs @ $200/unit X 3% = 78 Million

Total of 158 Million divided by 754 Million Shares = 21 cents/share

Since none of Q's projections have yet included China, these announcements could mean an additional 21 cents/share of earnings over the next year, and an equal amount over the two following years.

Good Luck to all!
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