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To: Mike Buckley who wrote (3986)7/18/1999 4:01:00 PM
From: LindyBill  Respond to of 54805
 
I think your expectations could be achieved if the momentum crowd takes control.

Yeah, if the "dot-com" crowd came aboard, Heaven help us! In any case, we both agree we have an easy double in the next twelve months. Anything beyond that is gravy.



To: Mike Buckley who wrote (3986)7/18/1999 10:52:00 PM
From: Ruffian  Read Replies (2) | Respond to of 54805
 
Mike, I think it was $.82, But Forget That!>

To: Morgan Drake (27659 )
From: Gregg Powers
Tuesday, Apr 20 1999 5:06PM ET
Reply # of 35624

Forget $0.82!!

Guys...the operative number is NOT $0.82...it's $1.20. Qualcomm included a proforma
number reflecting what earnings would have been without the operating losses in the
infrastructure division...$1.20/shr!

Simple observation #1: the infrastructure operation has been sold, so the losses are gone
forever.

Simple observation #2: without the infrastructure losses, the company earnings were
$1.20/shr during the quarter.

Simple observation #3: $1.20 x 4 = $4.80/shr.

This is a (very) good thing!!!

GJP