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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 156.21+1.4%11:41 AM EST
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To: Jim Mullens who wrote (32464)2/16/2003 10:46:56 PM
From: pyslent  Read Replies (1) of 197300
 
on the verge of growing that to 100% is a significant departure from the more conservative tone they've shown in the past

Hi Jim, I would never characterize QCOM management as being "conservative" in general, although they tend to be in terms of specific guidance. I seem to recall in fact that IJ had suggested that global penetration would be greater than 100%, with people carrying multiple CDMA devices, so 100% may be construed as lowering guidance :) Everyone who bought QCOM shares in the hundreds believed that QCOM growing market share to 100% was imminent. It's reassuring to hear that management thinks things are still on track, but its been part of the story for a while.
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