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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (35855)	7/19/1999 6:27:00 PM
From: Jim Willie CB	Respond to of 152472

Frank, this 4x stuff is nonsense only useful in very crude thumbnail exercises they have a $3.50/sh stated number for next year I believe 86 cents is before charges this is gobs of fun, eh Morgan? / jim

To: Uncle Frank who wrote (35855)	7/19/1999 6:27:00 PM
From: Labrador	Respond to of 152472

sounds fine to me -- but I am sure it will prove to be quite low. emerging gorilla. i think that by the end of this quarter, we'll see $5 estimates for next year. by the way, no comments on the call (yet at least) regarding other opportunities for wireless communication (e.g., microsoft venture)

To: Uncle Frank who wrote (35855)	7/19/1999 6:28:00 PM
From: Morgan Drake	Respond to of 152472

Frank. Factor in realistic growth. You're looking at $5.20. Morgan

To: Uncle Frank who wrote (35855)	7/19/1999 6:31:00 PM
From: JohnG	Read Replies (2) \| Respond to of 152472

Unc Frank--too low!! apply a 35% growth rate to $0.85 and I get $4.44 for FYE 9/2000. 50x $4.44=$222. And, the Christmas quarter will be huge if they get the parts. JohnG

To: Uncle Frank who wrote (35855)	7/19/1999 6:48:00 PM
From: HeyRainier	Read Replies (1) \| Respond to of 152472

Here's some news from Dow Jones: "...In other earnings news, Qualcomm Inc. (QCOM) posted third-quarter operating net of 75 cents a share, compared with analysts' view of 63 cents. The company said component shortages hurt its production and limited margin growth in the third-quarter. Additionally, Qualcomm said the component shortages may hurt its fourth-quarter results. In response to the news, shares of Qualcomm plummeted to 152 1/2, said Instinet, from the regular session close of 158 11/16, up 7/16, or 0.3%, for the day..." --RT