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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST

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To: Jim Willie CB who wrote (63915)1/25/2000 11:05:00 AM
From: LBstocks  Read Replies (1) of 152472
 
The Rich Janitor re QCOM's earnings:

What to expect with earnings The_Rich_Janitor
1/25/00 9:31 am
Important factor is that we maintain or 12%+ EPS growth per quarter. Anything above .26 accomplishes this and puts us on course for 50% growth this year.

What happens if we hit above .30? Well that would be equal to 1.20 presplit and although that seems wildly aggressive, 4th quarter showed incredible subscriber growth in US, Asia and Latin America. With a number around or above .30 and the recent HS sale (will effect next quarter, not this one), EPS growth will grow above 100% this year.

That, my friends, will send QCOM through the roof!

Again, the key is 12% quarterly growth. Above that is gravey. Analysts still don't understand QCOM's business and their growth. Believe me, the ones who do are buying big time at these levels.
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