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Technology Stocks : Qualcomm
QCOM 178.63-1.3%Oct 29 3:59 PM EDT
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To: mike plakosh who wrote (16)7/9/1996 11:53:00 AM
From: John Peckenpaugh   of 68
 
Greetings Mike and Andrew,
QCOM is scheduled to annouce quarterly results 7/17/96. Last quarter disappointed greatly and stock was pounded from around $40/shr to $32/shr. Let's hope consensus of analysts expectations are not too high, as QCOM has at least one more quarter of "investment" before payoffs begin for CDMA ups, and sales for handset deliveries can be taken. QCOM is accelerating production ot Sony-partnered handsets to 100,000/mo, so a little patience will be needed. Good luck to all, JYP
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