Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 151.59

-0.4%

3:59 PM EST

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To: dougjn who wrote (15718)	9/29/1998 4:10:00 PM
From: SKIP PAUL	Read Replies (2) of 152472

I agree with you on earnings for the next two quarters. But other indicators such as sentiment(too much bearishness), liquidity and interest rates are positive. I think we could have a flat to up market. However I think stockpickers will do better than Index players. AS for Qcom, they could beat the 50 cents estimate handily. I think 70 cents is likely but they may report 60 cents holding 10 cents in reserve. They were making 50 cents/quarter before the Korea debacle. This quarter LWIN being out is worth 5 cents and something for infra structure being breakeven. Comments?

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