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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 174.18

+1.1%

3:59 PM EST

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From: kech	7/21/2010 4:11:27 PM
	3 Recommendations Read Replies (1) of 196989

From management presentation it seems the key for stock pop to $37.70 might be an increase in 2010 guidance on diluted EPS from $2.21-2.32 to $2.33-$2.37. Also raising guidance on revenues and CDMA Device ASP. For Q3 '10 also beat prior guidance of .51-.55 to hit .57. Also revenues and MSM shipments at high end of guidance range. Actually MSM shipments slightly over the former range. Total reported device sales at upper end of range but not at top.

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