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

To: Ramsey Su who wrote (36068)	7/20/1999 9:39:00 AM
From: Ruffian	Respond to of 152472

1st Upgrade> Tuesday July 20, 9:15 am Eastern Time RESEARCH ALERT - Qualcomm EPS view raised NEW YORK, July 20 (Reuters) - Credit Suisse First Boston analyst Marc Cabi said he raised his earnings-per-share estimates for telecom equipment maker Qualcomm Inc. Tuesday. -- In a report, he raised his estimate for fiscal 1999 earnings to $2.44 from $1.75. The estimate for fiscal 2000 was boosted to $3.75 from $2.50. -- Cabi said he was raising the estimates after Qualcomm reported fiscal third-quarter earnings that topped forecasts. -- He added that restructuring benefits had helped results. -- Qualcomm closed Monday at 158-11/16.

To: Ramsey Su who wrote (36068)	7/20/1999 10:52:00 AM
From: John Hayman	Respond to of 152472

Ramsey, When I look back at the times that we have gone through these earning reports, it has always been the same....a wall of worry. With you being Chicken Little, and not a negative "peep", I feel good. Everyone has voiced their PO, so here is mine. The earnings report was great, being added to the S&P 500, and even with the shortage of parts this company has done a great job. I feel sooooo much better that there is a shortage of parts, than a shortage of demand. The Q will pull this off as it has done in the past. I for one do not see a problem here. I own a ton of this thing, or I would buy more, and would advise others to buy at this level. So, do not fear folks, everything looks good!! Never before in the history of this company has the future looked so bright. John