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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.52+0.7%12:19 PM EST

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To: LindyBill who wrote (63645)1/23/2000 9:02:00 PM
From: waverider  Read Replies (1) of 152472
 
No guess.

Based on new contracts signed (advanced royalties paid), clarification of Kyocera deal (mucho dinero), handset sales and surveys about the popularity of Q phones in particular, stellar CDMA phone sales across the board...and the fact that the street STILL doesn't have their collective acts together with a 2000 EPS estimate of:

2000 1.02
2001 1.33

Does anyone here really believe Q with only earn around .25 each quarter this year going forward? Considering the triple digit growth rates we've been seeing, I doubt it.

And concerning the Streets wisdom about predicting earnings through pre earnings price run ups. Remember what happened in April? The major correction before earnings presented the buying opportunity of a lifetime.

How do I define blow out earnings? Estimate around .24 this quarter. I say .28 minimum (pro forma of course)...
plus good things to be said during the conference call...

Now the question is...will the stock react the way we expect? Who the hell knows.

Casey? Casey? (my dog) Casey?

Casey doesn't know.
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