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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.80+1.5%12:23 PM EST

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To: Jim Willie CB who wrote (44985)10/15/1999 8:37:00 PM
From: uel_Dave  Read Replies (1) of 152472
 
Jim, Powerwave did extremely well today (~+10%). Although we cannot compare it to the likes of QCOM, MOT and NOK; Powerwave provides Cellular and PCS components and blew away the estimates by 42% ( $0.27 to $0.19 )and is 8.5 times off its 52 week low of ~$7 to end the day at ~$60. If Powerwave is showing these great profits for Cellular and PCS components; what does that mean to Qualcomm earnings on November 2nd? Qualcomm stated that they would meet or beat the estimates. + 42% would be a good start............

Cheers,

David
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