Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 179.02

+3.7%

3:59 PM EST

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To: Morgan Drake who wrote (27659)	4/20/1999 5:07:00 PM
From: Gregg Powers	Read Replies (11) of 152472

Forget $0.82!! Guys...the operative number is NOT $0.82...it's $1.20. Qualcomm included a proforma number reflecting what earnings would have been without the operating losses in the infrastructure division...$1.20/shr! Simple observation #1: the infrastructure operation has been sold, so the losses are gone forever. Simple observation #2: without the infrastructure losses, the company earnings were $1.20/shr during the quarter. Simple observation #3: $1.20 x 4 = $4.80/shr. This is a (very) good thing!!! GJP

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