Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: Kayaker who wrote (101591)	7/11/2001 5:48:51 PM
From: Kayaker	Read Replies (1) of 152472

5:45pm 07/11/01 Motorola loss a penny atop estimate (MOT) By Jennifer Waters No surprises here: Motorola [s:MOT] reported a loss of 11 cents a share, or $232 million, for the quarter, but slightly ahead of Wall Street's consensus expectation of 12 cents a share. The technology giant said earnings were squeezed by the slowdown in two of its largest divisions: hand-held telecommunications and semiconductor chips. Motorola rang up sales of $7.52 billion, down 19 percent from the $9.25 billion reported a year ago. Chief Executive Christopher Galvin said he is "already seeing signs of recovery" and expects to see a rise in customer demand, especially for the new "2.5G" telecom products, in the third quarter. Semiconductors should "resume a double-digit pattern next year," he said. cbs.marketwatch.com;

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