Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

Nov 17 3:59 PM EST

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To: llwk7051@aol.com who wrote (31607)	6/3/1999 11:26:00 AM
From: Ramsey Su	Read Replies (2) of 152472

Robert, I think QC should come in around $2.30 to $2.40 for FY99, with the September qtr being the first one that will give us some indication of what next year will bring. The thin phone should be out by then. Royalty payments is always a potential surprise to me. I believe Alex Cena is very conservative in estimating global phone and CDMA growth. If CDMA's portion of the pie is just 5-10% larger, QC's royalty revenue could explode. So much of it goes to the bottom line. $10 million here, $10 million there and pretty soon, earnings would be up a dime or two without lifting a figure. Ramsey

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