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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 160.44-0.6%12:53 PM EST

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To: llwk7051@aol.com who wrote (31607)6/3/1999 8:06:00 PM
From: slacker711  Read Replies (2) of 152472
 

According to First Call report I got this morning current estimates are 61 cents for quarter and 66 cents for next quarter. High estimate is 67 cents. 75 cents is way above these numbers. I am now expecting 80 cent range.

I think the news gets even better....These results are most likely operating earnings, which include any losses associated with the two months that the Q still owned the infrastructure division. The loss last quarter due to infrastructure was 19 cents (.60-.41). I would think that an extra dime might be possible. This would result in a pro-forma number of somewhere around 90 cents. This would then be the number that analysts used going forward.

Slacker
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