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

To: JGoren who wrote (61964)1/13/2000 9:12:00 AM
From: JGoren  Respond to of 152472
 
Today's correction numbers also inaccurate; here's the real skinny:
Message 12557836



To: JGoren who wrote (61964)1/13/2000 9:15:00 AM
From: Lynn  Respond to of 152472
 
Great. The way yesterday's error gets corrected is to make it look as if QCOMs earnings are going to drop from the previous estimate. It would have been more accurate to issue something like:

QUALCOMM INC (QCOM) EPS estimate error corrected $0.18 to $0.43 for quarter
ending 3/00.

Lynn



To: JGoren who wrote (61964)1/13/2000 9:16:00 AM
From: Hobie1Kenobe  Respond to of 152472
 
At 43 cents per quarter ($1.72 annualized), even using Merrill's metric of the average PE of its comparative chip group of 107, this stock is a bit undervalued here at 140. JMHO,
JF3


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