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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 163.82-0.4%11:42 AM EST

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To: Clint E. who wrote (1141)11/17/1996 1:55:00 PM
From: Robert Scott   of 1819
 
Clint, QCOM will not recognize income from handsets to Sprint & PrimeCo until next quarter - at least that is what QCOM has said all along. They were shipped last month but according to the contracts, have to be accepted based on some kind of testing. As such, it is expected revenue recognition in fiscal Q1.

Notwithstanding this, I expect significant revenue growth and the beginning of a long term uptrend in the stock. Good luck to you too.
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