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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.81+0.1%3:16 PM EST

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To: RocketMan who wrote (63939)1/25/2000 1:22:00 PM
From: Wyätt Gwyön  Read Replies (2) of 152472
 
Under .22 and this is a $50 stock.

That would be 88 cents presplit. During the last CC, they said they were comfortable with mid-90-cent figures for this quarter (presplit). If they were going to do less than that, they definitely would have preannounced. They are not going to embarrass the analysts. You will also notice that 24 cents is 96 cents presplit, which is basically the figure Thornley told the analysts was a comfortable "starting point". So the question is not whether they will beat 24, but by how much. I'd guess 27 or higher. I don't hold out much hope for 30+...while that would help the stock temporarily, it would make forward comparisons that much more challenging. I think 27-29 is more likely.
Mucho Fortune Teller
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