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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: Kayaker who wrote (116658)4/15/2002 5:42:49 PM
From: Kayaker  Read Replies (3) of 152472
 
4:35PM Sprint PCS tops consensus estimates (PCS) 10.02 +0.06: Reports Q1 loss of $0.15 per share, $0.05 better than the Multex consensus of ($0.20), vs a yr-ago loss of $0.40. Net operating revs rose 41% to $2.85 bln (consensus $2.798 bln). PCS netted approx. 725K direct subscriber additions and 228K new affiliate subs. Customer churn was approx. 3%, which PCS says was better than expectations. Continues to believe it will achieve its previously forecast 3 mln net sub additions for the full-year. Sees PCS requiring funding of $1.1 bln in 2002.

4:34PM Texas Instruments beats by a penny; guides Q2 higher (TXN) 32.13 +0.33: -- Update -- Reports Q1 (Mar) pro forma EPS of $0.01, a penny better than the Multex consensus of breakeven; revenues were $1.83 bln vs the $1.81 bln consensus. Company sees Q2 EPS of $0.06 and revenues of $2.0 bln, better than consensus estimates of $0.03 and $1.93 bln.

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