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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 156.34+1.4%Jan 21 3:59 PM EST

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To: Clarksterh who wrote (28601)4/28/1999 11:32:00 AM
From: bananawind  Read Replies (1) of 152472
 
Clark, re It would be really nice to know a little more like if Omnitracks has effectively stopped growing...

Management usually gives a figure for new and total Omnitracs installations at every CC. From memory the the figure was 13,000 last quarter on a base of something like 270,000 units installed to date.
I can't find a reference right now in the 10K, but I seem to recall maybe 40,000 new units for all of fiscal 98. So it looks like a 15% to 20% grower, assuming stable pricing. That said, Q has plans to broaden this business into other areas (hence the name change to Wireless Business Solutions), so the growth rate going forward could actually accelerate.

Best regards,
Jim
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