for what it is worth Valueline says:
EARNINGS PER SHARE A B
Dec.31 Mar.31 Jun.30 Sep.30
1995 .11 .12 .13 .17 .53
1996 .15 .02 .02 .11 .30
1997 .13 .23 .34 .42 1.12
1998 .58 .25 .33 .49 1.65
1999 .55 .60 .70 .80 2.65
U.S. wireless industry migrate from analog to digital. Sales are also being stimulated by the aggressive pricing actions of service providers. Bell Atlantic and AT&T, for example, now offer flat-rate plans with no roaming or long-distance charges. (A manufacturing facility was recently established in Brazil to boost annual capacity by 300,000 phones.) Additionally, Qualcomm is making strides in the CDMA infrastructure business, as well as in the wireless local loop sector. We've raised our earnings estimates for both fiscal 1998 and 1999. Third These shares look very attractive for the long haul. QI stock has been weak all year long, mainly reflecting the turmoil in Southeast Asia, and further volatility is likely in the year ahead considering the negative noise emanating from several telecom equipment suppliers. The digital wireless market, however, is likely to ad-vance at a vibrant clip globally, with Qual-comm's CDMA technology —which yields licensing, royalty, and product revenues leading the way. As such, we believe this issue could at least double in price over the next 3 to 5 years.
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