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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 151.59-0.4%Jan 30 9:30 AM EST

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To: nbfm who wrote (44)6/28/2000 11:10:00 AM
From: idler   of 197443
 
This guidance is extremely ambiguous. It could mean (1) we'll sell somewhat less chips than we would otherwise have sold, but the fourth quarter will still be great; or (2) we'll sell less chips in the fourth quarter than we did in the third quarter. (2) would be disastrous and is hard to believe given that the 4th quarter is usually the strongest (I think?). If (1), the announcement isn't necessarily so bad at all, and they could still have great earnings growth. I wonder if ambiguous guidance is worse than no guidance at all.
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