Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: cfoe who wrote (47340)	11/2/1999 8:55:00 PM
From: puzzlecraft	Read Replies (1) of 152472

cfoent, May be a curve ball but they are pitching a great game. QCOM said that they are keeping their MSM3000 prices down to grow the CDMA market. The MSM3100's will have higher margins. QCOM also expects chip revenues to increase 30-35% next year, which would be higher than this year's 27% rate. Regarding the 95 cent figure, QCOM said they were "very comfortable"... so the "very" word indicates IMO they are admitting the figure, which came from an analyst, is padded with some insurance. John

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