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

To: gdichaz who wrote (36246)7/20/1999 8:37:00 PM
From: llwk7051@aol.com  Respond to of 152472
 
gdichaz, Probably need to add hand set sales growth. Could be up almost 800,000 units this quarter over last. That could add almost 16 million pre tax or around 10 million after tax. As I understand it, there was no hand set sales growth last quarter.
Robert d.



To: gdichaz who wrote (36246)7/21/1999 1:22:00 AM
From: Reagan DuBose  Read Replies (1) | Respond to of 152472
 
<< Did not figure new 4 million + shares in but perhaps some math wiz can. :-) Or maybe that will be of little importance if the $700 million proceeds used well.>>

In the conference call, I recall a statement by the QCOM FO that the sale of the new shares would be 'accretive' to earnings per share. This means he thinks the proceeds will be 'used well'.

Reagan


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