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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.02+3.7%3:59 PM EST

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To: DWB who wrote (27754)4/20/1999 11:09:00 PM
From: Clarksterh  Read Replies (2) of 152472
 
Re - Book to Bill of 1:1.7

I'll go out on a limb and say that this BtB is probably not repeatable, or if it is repeated is not compounded. 700% annual growth is not a reasonable expectation IMO.

I suspect that this number is inflated somewhat by the product cycle. For instance, it may be that everyone puts in a lot of orders when a new version of the ASIC's become available. Or alternatively it could be that companies must order 9 months ahead of time and if the annual growth rate is 100% per year they expect to need about 70% more parts for the quarter 9 months from now.

FWIW

Clark
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