Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: Caxton Rhodes who wrote (24771)	3/23/1999 1:38:00 PM
From: bananawind	Read Replies (1) of 152472

Caxton, My guess is that infrastructure had been losing as much as $100 million per year until the recent downsizing/reorg. That would work out to about $.85 per share after-tax on 75 million fully diluted shares. Management has said the division will be operating at break even by the end of the fiscal year, so I would guess the 1999 FY figure to be somewhat lower. That was based on firm orders at the time of the reorg, so if orders have strengthened since then the impact might be substantially less. Gregg will no doubt have more accurate figures. Best regards, Jim

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