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

To: MileHigh who wrote (41111)	9/14/1999 9:58:00 PM
From: Jenne	Read Replies (1) \| Respond to of 152472

WIRELESS Based on current performance in each of its business units, Qualcomm (QCOM) announced today that fourth fiscal quarter earnings from operations will meet or exceed analyst consensus estimates of $.87 per share. The company also stated that it is considering several strategic options for its handset business. Qualcomm stated that discussions are underway with a number of companies that have expressed interest and it hopes to complete discussions and enter an agreement before the end of the calendar year.. COMMENT: In recent weeks, the market has been concerned that shortages in component supplies and a potential price war in telephone handsets could limit Qualcomm's ability to beat fourth quarter earnings targets. However, because chipsets and royalties generate more than 75% of the company's profits, a price war in the handset business can actually be good for Qualcomm. More than 60 CDMA gear manufacturers pay royalties to Qualcomm, including market leader and The Wireless Investor favorite, Sprint PCS. Because Qualcomm will receive a royalty with each CDMA handset sold, Qualcomm's slice of the wireless pie will grow larger as the market expands. It's rather simple--more CDMA handsets sold, more royalties to Qualcomm, more gains for Qualcomm shareholders. Qualcomm's news that it is in strategic discussions regarding its handset business is also a positive. Rumors that the company might eventually exit the handset market entirely have been widespread for months. The company originally entered the handset business to drive adoption of CDMA, which has done spectacularly well so far. With new entrants such as Nokia (NOK) now in this competitive market, Qualcomm's ample resources are better spent elsewhere. With some analysts expecting Qualcomm's net earnings to grow 50% compounded annually for 5 years and a current price/earnings ration of 43, the stock can be viewed as cheap.

To: MileHigh who wrote (41111)	9/14/1999 10:02:00 PM
From: Cosmo Daisey	Read Replies (2) \| Respond to of 152472

Mile High, The palm Pilot is toast. This is the problem Q* is facing with the handset division, its a commodity. Follow the URL and find the product developed by several engineers that left 3 Com. 216.35.16.11 cdaiseyPhD@still-happy-20.5%.com

To: MileHigh who wrote (41111)	9/15/1999 12:06:00 AM
From: SpudFarmer	Read Replies (2) \| Respond to of 152472

MileHigh: Keep hoping, and expanding your mind. We are at the tip of the iceberg application wise. This is something that gets lost in the day to day mire of stock price fluxuations and deal worries. If I were an engineer type, I might have the limitations of my craft placed in my head, but having a vivid imagination, there are many applications for CDMA and wireless. No telling where this all can lead. But what do I know? I never have been "practical". Many things I use to talk about 10-20 years ago were thought to be "foolish" and "silly ramblings". I guess I just have a childish head. NEVER stop dreaming. NEVER stop believing in the potential. Don't allow small minds to crush the vision of optimism. There are many more "killer apps" on the way. Not all will be from Q, but the $$$$$ will come their way. Have been waiting for HDTV for what seems like forever. The consumer is finally being allowed to see. Opps... Well, here's to Mile High thoughts. Thanks for sharing yours. Q rocks, it is just a matter of time... PS: What is up with this chip thing? That kind of stuff belongs on "the other thread". : )