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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.33-1.0%Nov 25 3:59 PM EST

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To: LindyBill who wrote (26685)4/10/1999 9:50:00 PM
From: Clarksterh  Read Replies (4) of 152472
 
LB - Maurice, I have been reading posts and getting feedback that says this division is running on a 3% to 4% margin, which is terrible for a Gorilla.

????? First, the gross margin for handsets is 20%. Second, now that the infrastructure drag is gone the net margin should go up to 5-7%. This is completely respectable. DELL for instance is about 7% net margin. What is the complaint?

Clark

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