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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 3:59 PM EST
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To: marginmike who wrote (105762)10/2/2001 3:31:27 PM
From: cfoe  Read Replies (1) of 152472
 
...hearing hedge fundsselling on anticipation that chip sales for next quarter will be guided to low end.

Am I correct that by "next quarter" you mean the quarter we just entered on Monday? If so, I do not remember seeing any guidance. Do you know what it was?

I do remember that one analyst recently said that KDDI delay in 1X system to April 1, 2002 will mean lower chip sales than the 16 million they had been estimating.

Could this be related to what you are hearing?
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