Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 179.47

+0.7%

2:23 PM EST

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To: limtex who wrote (108070)	11/7/2001 12:38:03 PM
From: Uncle Frank	Read Replies (2) of 152472

>> UF - We need a mircle to keep above $50. Miracles happen <gg>. We were pretty emotional last night, with the exception of Cool Hand Andrew. Thank goodness Mr. Market, at times, is more objective than we are. Thinking about it in the light of day, Cisco rallied on 3% sequential growth, but their year over year revenues were down by 32%. Qcom missed the consensus top line by a little, but they actually grew their business 6% YoY, commanded 64% gross margins, and were quite profitable (at least on a pro forma basis) How many CEOs would sell their souls for that kind of performance this quarter? Maybe it's not a miracle. Maybe the numbers and outlook are better than we gave them credit for. Now aren't you embarrassed :-)? uf

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