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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 151.59-0.4%Jan 30 3:59 PM EST
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To: foundation who wrote (59)6/28/2000 5:13:00 PM
From: llwk7051@aol.com   of 197443
 
Benjamin, This is from ML mid day bulletin. Must be ML client to see actual report so no link. This is all that was included about qcom.

Qualcomm (QCOM, $62 1/8, C-3-1-9)
00E $1.10; 01E $1.40
Follow up from this morning:
? We spoke to QCOM management.
? The company expects 4Q EPS to be in the $0.25-0.27 range versus our estimate of $0.30. Semiconductor sales are expected to be down 5-10% sequentially.
? Management also expects next year's EPS to be in the $1.30-1.35 range versus our estimate of $1.40.
? We plan to fully review our model after the June quarter is reported on July 19th .
(M. Ching)
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