Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.65

+1.5%

Dec 2 3:59 PM EST

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To: Ruffian who wrote (72442)	5/25/2000 3:36:00 PM
From: JohnG	of 152472

Earnings and earnings supprises drive stock prices. QCOM has released info from which we have computed that it will ship 16MM up to 18MM chipsets for the quarter ending 6/30. At the 4/18/2000 conference call, Mgt stated that they were "comfortable with" the $0.27 analyst estimate and stated that they thought the quarter ending 6/30 would see in excess of 14.5MM chipsets shipped. Also, Mgt stated that the switch to new chipset designs was complete and that new phones would appear in MAy. There should be a nice earnings supprise when earnings are reported in July---$0.29 or more. JohnG

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