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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 152.42+0.1%12:29 PM EST

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To: 100cfm who wrote (2535)10/20/1999 8:36:00 AM
From: Jon Koplik  Read Replies (1) of 13582
 
My derivation of an earnings guess.

Using no calculations at all ...

I assume earnings will be at or above 87 cents for the quarter.

And, given Qualcomm management's warning (a while back) to "cool it" regarding expectations of HUGE outperformance over the average earnings estimate, I would guess a "cap" of $1.00 a share for the potential earnings "range."

So, with 87 cents to $1.00, the obvious thing to do is pick some point in the middle.

I guess 95 cents.

I wonder in any "analyst" on Wall Street dares to do it my way ?

Jon.
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