Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

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To: J.B.C. who wrote (5001)	10/27/1997 9:54:00 AM
From: J.B.C.	Read Replies (1) of 152472

From Sunday's S.D. Union Newspaper; Stock of telecommunications ace Qualcomm can double in the next three to five years, said George I.H. Rho of Value Line, who believes the company can earn $2.20 a share next year, double the current year's estimate. Sprint soon will receive $50 million worth of Qualcomm's sleek "Q" phones, and a Korean company has placed a $60 million order. "Qualcomm's handsets are several months ahead of the competition," said Rho, noting the company also gets large royalty revenues from usage of its code division multiple access technology. Earnings per share could grow at 25 percent a year between the years 2000 and 2002, the analyst said. The stock "looks good for the long haul," but can be volatile, Rho said. The stock gets an average (3) for both timeliness and safety.

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