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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: JohnG who wrote (4199)	11/2/2000 8:46:20 AM
From: JohnG	Read Replies (1) of 197283

Comments on QCOM earnings report. JohnG investspot.com QCOM - Qualcomm is expected to report earnings after the close on Thursday and many analysts have come out with their predictions. Most analysts are predicting that Qualcomm will either match analysts expectations of 24 cents/share or miss by a penny. Analysts are saying that Qualcomm's earnings are being adversely effected by the Korean government's elimination of subsidies on mobile phones. This is expected to decrease sales of Korean handsets although the extent of the damage is unknown. Analysts are estimating QCOM's revenues to come in between $635 million and $714 million. QCOM does have some wins including a big win in China where the Chinese government pledged to build their CDMA network based on QCOM's technology. Merrill Lynch analyst Michael Ching came out with a preview of QCOM's earnings saying that he believes the EPS will come inline with estimates and revenues will be down 6 percent at $675 million compared to last years 4th quarter. Shares of QCOM are down 4.85 percent at 61 15/16. QCOM Investors Forum: QCOM Forum

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