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


To: jmac who wrote (64370)1/26/2000 9:11:00 AM
From: 16yearcycle  Respond to of 152472
 


I will be buying a bit more for the first time since late October today, it looks like. Not a lot yet, because I think 80-100 is as low as it can go in a general panic and I always want to be ready for that, but 130-132 is a decent entry. I think they will do 1.20 this year(I want to be a bit more conservative now, but .25, .27, .30, and .34 is about what they are projecting and maybe they will out do that). But I'd expect next year to be 1.85. The huge upside comes by showing 60-80% growth in Q licensing and Q technology, which is starting to dominate the income statement, as divisions are shed. (This will lead to operating e growth of 60%+ with cdma growth of 80%, minus the effect of lowered asp).

They just announced an acquisition, which is causing a bit of a rise in price. Hopefully not much of one.



To: jmac who wrote (64370)1/26/2000 9:30:00 AM
From: D.J.Smyth  Respond to of 152472
 
i'll take Deutche Bank over Merrill analyst anyday.

i shouldn't be so crass though. we've been following Deutche Bank picks.



To: jmac who wrote (64370)1/26/2000 9:31:00 AM
From: RocketMan  Respond to of 152472
 
I always try to buy ML's downgrades, they always get it wrong.