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

To: marginmike who wrote (35901)	7/19/1999 7:49:00 PM
From: llwk7051@aol.com	Respond to of 152472

Marginmike, Time will tell, but I think the upgrades to earnings will tell the tale. New initial estimates for final quarter will be 86 cents. Next fiscal year estimates will start at 3.50. They will increase throughout the quarter. Another great quarter. It was all I hoped for and the discussion of future products indicated even greater growth on the horizon. Stock split should be announced soon and I expect several more large asic customers. Remember also each dollar of sales gives more to bottom line after fixed costs covered. Only real negative was 440 million loan to globalstar and 400 million to infrastructure. However, these should not impact valuation models much in my opinion. Good luck to all, Robert d.