Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.98

+1.1%

Jan 2 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: quidditch who wrote (30240)	5/18/1999 10:00:00 AM
From: slacker711	of 152472

<Also, actual royalty reports received to date from the Company's licensees for the second fiscal quarter exceed the accrual for the corresponding royalties accrued in the second fiscal quarter. Based on current performance in each of its business units, the Company expects that third fiscal quarter performance will meet or exceed...> Unfortunately, I'm not sure that this press release means as much as i first thought. Basically they are saying that the royalties they recorded last quarter were conservative. I think they have said this many times, and it doesnt really say anything as to how the current quarter is going. The current analyst estimate is for .53 cents (though i'm sure that includes some analysts who have been to lazy to revise their estimates upward). Even the high end of the estimate is only .67 cents. I think most people on this board were already expecting more than that. Dont get me wrong, i still expect a stellar quarter. I just dont think this press release confirms it. Slacker

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next