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

To: limtex who wrote (65059)	1/28/2000 7:33:00 PM
From: MileHigh	Read Replies (2) \| Respond to of 152472

l, I just listened. It was interesting that after they wrapped up, Dr J summarized a bright future but threw in the much debated "slump" comment this Qtr. I guess he just had to mention it again, get it out, but I did not find it to be too offensive as it relates to Q prospects. What I am interested in knowing is why would Operating Expenses in raw dollars and as a % of Rev's INCREASE after they get rid of handset biz to KYO?? Isn't the intention to decrease the Operating expenses therefore increasing margins? Overall, I just thought there was a real hesitation by Dr J and team to project a real positive Q2 and the analysts caught this. MileHigh