Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Ruffian who wrote (25424)	3/28/1999 8:38:00 PM
From: Keith Feral	Read Replies (2) of 152472

Michael: I wonder what will happen to QCOM infrastructure in Brazil. It will be interesting to see how QCOM redesigns itself to deliver WLL throughout Brazil, Russia, and other places. The sale of infrastructure really has a profound impact on the near term EPS. Operating income last quarter was $85 million. If the $100 million operating loss from infrastructure goes away, operating income is going to go through the roof. That price target by ML analyst Ching was kind of amusing. This stock should be over $150 by April 20 when the EPS & split are announced. I hope they stick with a 2 for 1 split so they can do another by the end of the year.

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