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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.18+1.1%3:59 PM EST

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To: Ruffian who wrote (59536)1/4/2000 9:31:00 PM
From: Randall Knight  Read Replies (2) of 152472
 
Qualcomm a risky fund you may own without knowing it

And here is my email to THIS author:

Dear Mr. Brown,

In your article you stated that earnings on continuing operations for last fiscal year for Qualcomm were $.69/share. In fact, pro forma earnings (earnings on continuing operations were $.75/share. A small difference, granted but it affects the equation. Also, pay attention to when QCOM announces their earnings on January 25th. I think that you'll see earnings for the first quarter (typically the weakest quarter for telecoms) to be closer to $.28/share.This would represent earnings growth of over 80% year over year. How high would you value a company that is growing earnings at this rate?

Yahoo finance has last year's earnings listed at $.61. You should know that Yahoo is not a very good place to get accurate numbers. Try: corporate-ir.net

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Man, one down day and I start getting pissy.
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