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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.05+0.6%Nov 19 3:59 PM EST
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To: northface who wrote (33384)6/27/1999 8:08:00 PM
From: Morgan Drake  Read Replies (2) of 152472
 
Thornley Observation >>

If the Street was forecasting 61 cents for the quarter, and Q had met that number in the first two months of the quarter, and if there was/is no growth in margins or business, then we might expect 91-92 cents if the rate was about 30 cents per month.

However, if there have been margin improvements and increases in volumes, then we might be up over $1 for the quarter---maybe well over.

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