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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 153.010.0%2:31 PM EST

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To: qdog who wrote (7888)2/2/1998 7:50:00 PM
From: w2j2  Read Replies (2) of 152472
 
Newbridge warns of a weak quarter due to TDMA. Is this because CDMA rules???
"
The decline in revenue from the previous quarter results principally from
a significant sequential decline in revenue for time division multiplexer
(TDM) systems. TDM revenues in the quarter were affected by the increasing
fluctuations or variations in quarterly revenues characteristic of this
business as a growing proportion of the TDM business comes from markets
outside North America. This characteristic was exhibited across the Company's
three largest international markets for TDM equipment: Europe, Asia and Latin
America. TDM revenue was also affected by the volatility in general economic
conditions in certain countries in Latin America and Asia. TDM revenue is
expected to improve in the fourth quarter of fiscal 1998."
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