Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

Nov 26 3:59 PM EST

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To: qdog who wrote (38438)	8/21/1999 7:17:00 PM
From: Ruffian	Read Replies (1) of 152472

Shortages> 8/20/99 - Components shortfall hinders cell-phone shipments Aug. 20, 1999 (Electronic Buyers News - CMP via COMTEX) -- The ongoing components shortage is beginning to take its toll on OEMs. Cell-phone maker Qualcomm Inc., for instance, could have done better in the latest quarter had it not been for electronic-component shortages, according to analyst Michael E. Ching of Merrill Lynch & Co. Inc., New York. Noting that the San Diego company still managed to increase sales by 15%, to $1 billion, and post earnings above expectations, Ching said Qualcomm couldn't meet all of its orders because of a shortage of surface-acoustic-wave (SAW) filters, flash-memory chips, and ceramic capacitors. -0-

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