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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST
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To: limtex who wrote (65027)1/28/2000 5:34:00 PM
From: A.L. Reagan  Read Replies (1) of 152472
 
Limtex re: Dr. J, the "slump", 3/00 expectations. I think he's pretty clearly saying that revenues will slump, as they almost always do seasonally, but because of the change in "mix" to more royalty revenues, eps will be OK. Dr. J for sure reads the major analysts' reports and recognizes that if the projected gross revenue #'s aren't going to be met, better to say so now rather than later.

Maybe unfortunate timing to be "talking the stock down" in advance of this particular last few trading days, but c'est la vie.
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