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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 183.26+6.1%3:22 PM EST

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To: Gregg Powers who wrote (27660)4/20/1999 5:30:00 PM
From: Ramsey Su  Read Replies (5) of 152472
 
Simple observation #3: $1.20 x 4 = $4.80/shr.

Greg,

of all posters here, I am surprised that to see the above from you.

How could it be $1.20 X 4? This is the first qtr of the new Qualcomm. It is now our job to do some work and figure out what type of revenue QC has going forward, the increase in license/royalty and the type of margin improvements.

$1.20 is the new base. Should we be expecting $5 - $6 or more this year?

Jim Frost, Clark, sharpen your pencils and see some projections.

Ramsey

PS. No more AOL discussions here, please.
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