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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST
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To: slacker711 who wrote (110810)1/11/2002 4:36:38 PM
From: limtex  Read Replies (1) of 152472
 
sl - Am I dreaming or did I read this in the PCS piece:-

Sprint PCS, the nation's No. 4 mobile carrier, today re-affirmed its financial guidance for the fourth quarter of 2001 and revealed a sunny outlook for 2002.

For this quarter, Sprint PCS expects to report sales of $2.7 billion to $2.8 billion-- more than 40 percent higher than the final quarter of 2000. Growth will be seen in both customer additions and steady hikes in average revenue per
customer. Net additions for the full year 2001 should be about 4.2 million, with a churn rate of 3 percent. Those projections are in line with previous estimates by industry analysts at Lehman Brothers

Of course I read the mod thread and I do not want to deny bad news if it is there but what are we to make of the PCS comments? And Lehmans confirmation of them.

Best,

L
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