Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chuck_ponzi who wrote (65672)	2/7/2001 11:45:41 PM
From: mishedlo	Read Replies (3) of 436258

Qcom was good? - Really? Were QCOM's earning really that spectacular? I just received the following Email doubting that wisdom. This one from Unclewest I just got a chance to read through QCOM's latest earnings report, and I must say that I am not very impressed. It seems to me that QCOM was just as affected as other semiconductor companies by the recent slowdown and did everything they could to manipulate earnings in order to beat by a penney. First, they didn't guide estimates to reflect their lower tax rate. That allowed them to add one cent to earnings without estimates also going up by a penney. Second, they included a one-time $15 million capital gain in their earnings which added 2 cents to the bottom line. At the same time, QCOM excluded a bunch of one-time charges. Comments anyone? M

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next