Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.41

-0.8%

11:41 AM EST

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To: Rono who wrote (130202)	7/16/2003 1:21:04 PM
From: Michael Allard	Read Replies (1) of 152472

Regarding the Inventory Issue and earnings drop call yesterday... I can just picture the QCOM Board of Directors sitting around the table...one says we got a major inventory glut out there and chipset sales are tanking QoQ....the other says I see earnings slow down next year, lets lower our estimate.....the next says on that news, let's raise our dividend 40%..all in favor...unanimously approved..... Yes I'm sure that's how it must have gone...

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