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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: kha vu who wrote (83526)2/17/2000 3:55:00 PM
From: hjz  Respond to of 120523
 
I hope others where in on TERN today, I can't believe it topped at +70 today. An amazing move by it today.

HJ



To: kha vu who wrote (83526)2/17/2000 9:35:00 PM
From: kha vu  Respond to of 120523
 
QCOM: the future of QCOM
<<<San Diego, Feb. 17 (Bloomberg) -- Qualcomm Inc. said it
expects sales of wireless phones using its patented technology to
more than triple this year in Japan and gave upbeat forecasts for
other countries and parts of its business.

Shares rose 8 1/8, or 6.7 percent, to 130. They've declined
26 percent this year after rising 27-fold in 1999 and leading the
Standard & Poor's 500 Index.

The forecasts came during an annual meeting with analysts
and investors in San Diego, where Qualcomm is based. Chairman
Irwin Jacobs and other executives sought to reassure attendees
that business was thriving despite a warning last month that chip
sales this quarter may fall from the prior quarter because of
shortages of other phone parts.

The chip business is ''moving ahead very strongly,'' Jacobs
said at the meeting, which was broadcast over the World Wide Web.

Qualcomm President Richard Sulpizio said the number of users
of phones with the company's standard is forecast to increase to
10 million by the end of the year, up from 3.5 million. Users of
CDMA phones in Brazil will more than triple to 25 million in four
years, he said, while users of all wireless phones in China will
triple to 130 million in three years.

There were about 50 million users of CDMA phones worldwide
at the end of last year. It's the fastest-growing cell-phone
technology and the No. 2 digital standard worldwide. >>>>>>>