Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

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To: rhet0ric who wrote (10084)	4/22/1998 12:41:00 AM
From: w2j2	Read Replies (3) of 152472

rhetoric, I am having a little trouble understanding the jubilation over the qcom numbers. Revenues fell 8% sequentially. Net income fell from 36.8 to 26 million sequentially. Net income without the one time accounting gimmick of 18 mil fell from 36.8 to 8 million sequentially. Lower demand for q phone. Jacobs said revenues will grow from here, but sheesh!! Mind you, I am long Qcom.wj

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