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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 151.59-0.4%Jan 30 9:30 AM EST
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To: Caxton Rhodes who wrote (36063)7/20/1999 9:35:00 AM
From: Keith Feral  Read Replies (1) of 152472
 
Caxton: I thought it was interesting to note that the Q's upside earnings surprise was equal to LU's EPS for the entire quarter.

Last year the Q had great revenue growth without significant margin expansion until late in the year. This year has seen more modest revenue comparisons with unbelievable margin improvements. With handset capacity almost doubling by the end of the year, next year's revenue growth should pick up significantly.
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