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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%3:59 PM EST

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To: Sawtooth who wrote (35589)7/18/1999 6:52:00 PM
From: slacker711  Read Replies (2) of 152472
 
Curious as to where the forecasts are coming from, The Prophet. Most consensus earnings est's I'm seeing at sites are .59 - .60, with a single .68 the highest on an individual basis. Not saying I think they're right but even the earnings whisper sites are running .61 - .63. I'd think they'd be in tune enough to at least slightly update the est's, not? ...Tim

I am pretty sure that the estimates on both the whisper sites and from analysts will be for operating earnings. This estimate will include the two months of losses associated with the infrastructure division (the sale to Ericsson didnt close until around May 25th). I think that the more important number is the pro-forma number (which is the on-going number). I think that there will probably be a difference of at least a dime between these two numbers....that might partially account for the people on the board being so much higher than the whisper numbers.

Slacker
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