Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (5712)	1/26/2000 9:14:00 AM
From: JGoren	Read Replies (3) \| Respond to of 13582

This worries me: Marc Cabi says buy: RESEARCH ALERT- Qualcomm reiterated at buy NEW YORK, Jan 26 (Reuters) - Credit Suisse First Boston on Wednesday said it had reiterated its buy rating on Qualcomm Inc. <QCOM.O>. A fiscal year 2001 earnings per share estimate was set at $1.27 by analyst Marc Cabi, while the $0.94 2000 EPS estimate was maintained. On Tuesday Qualcomm reported first-quarter earnings of $192 million, of 25 cents a share, excluding non-recurring charges. Revenues rose 19 percent to $1.1 billion from $941 million. Qualcomm warned that shipments of code division multiple access (CDMA) chips and telephones could fall in the second quarter compared with the first because of seasonal factors, but remained bullish, saying that the situation was temporary. Shares of Qualcomm closed at 149 on Tuesday, but fell in after-hours trading. Its shares were trading down at 131-3/8 in pre-open activity. 08:54 01-26-00