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

To: cfoe who wrote (47340)	11/2/1999 8:55:00 PM
From: puzzlecraft	Read Replies (1) \| Respond to of 152472

cfoent, May be a curve ball but they are pitching a great game. QCOM said that they are keeping their MSM3000 prices down to grow the CDMA market. The MSM3100's will have higher margins. QCOM also expects chip revenues to increase 30-35% next year, which would be higher than this year's 27% rate. Regarding the 95 cent figure, QCOM said they were "very comfortable"... so the "very" word indicates IMO they are admitting the figure, which came from an analyst, is padded with some insurance. John

To: cfoe who wrote (47340)	11/2/1999 8:58:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 152472

I'll drop it now because this should be a day of rejoicing, but the guidance is making it nearly certain that they will have to announce to analysts that they are too low sometime in the quarter, probably when they sell the handset division. It will be tough to hit 400 in the next 12 months if we don't have about 5.25 in e, and we'll need to start with a 1.10 quarter to make it. Gene