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

To: Skeeter Bug who wrote (68506)	3/4/2000 11:23:00 AM
From: slacker711	Read Replies (1) \| Respond to of 152472

Finally Skeeter....some actual observations on Qualcomm. tv,qcom makes a sizeable amount of change from the qpe/kyocera operations. that is why they gave away a $1.5 billion dollar revenue generating machine for a reported $250 - 500 million. they needed to keep qpe cdma or they would take a big hit to earnings. Qualcomm's handset division was a revenue generating machine....but it was not profitable. The sale will be accretive to earnings. since kyocera has no incentive to build phones nobody wanted like qcom did. they aren't. maybe more than 40% of qpe was released with biggest hits in production. guess what this means For as many quarters as I can remember, Qualcomm has been "capacity constrained". This is was never a problem of demand. Qualcomm said they would ship fewer phones this quarter than last quarter....why? Well they sold the division at the end of Feb., so they are only booking two months of production. oh, and the fact management almost always errs on the side oh extremely hopeful and they said hthe q w/b flat. Interesting statement....could you point out how far back you have to go to find an earnings period in which Qualcomm missed their guidance? don't hate me if it happens. None of the above that I have posted means that Qualcomm will DEFINITELY hit earnings....but the reasons you gave arent why they would miss. Slacker

To: Skeeter Bug who wrote (68506)	3/4/2000 1:03:00 PM
From: The Verve	Read Replies (1) \| Respond to of 152472

Skeeter Bug, Geez, I thought you'd come up with something better than that. In essence, your argument that Q is gonna come in below earnings estimates is based on the fact they've sold their handset division and because of seasonal factors? LOL! I'm not even going to start poking holes through your swiss cheese logic. This isn't gonna be any fun. I thought you might have at least a little bit of substance behind your 'guess'. You illustrate my original point perfectly. You have NO WAY of determining whether Q is gonna miss earnings, or blow them out. Yes, you can get a few pieces of the puzzle here and there and try to paint a clearer picture, but you still don't know. It's just speculation and guesswork. Don't embarrass yourself. Q's profits are a many faceted machine. They operate on many levels -- subscriber growth might be strong in Latin America, but weak in Korea. Asic sales might be be more vigorous in North America, but weaker in Japan. Royalty revenue is becoming ever harder to project. (As evidenced by the last two quarters upside surprises) Throw in HDR soon, revenues from Omnitracks, G*, and it becomes a big murky mess. Analysts don't have it easy grasping this beasts earnings. So Skeet, give us all a break. Keep your baseless earnings proclamations to yourself. Guess work and conjecture are welcomed with open arms on the Yahoo food fight board. Verve

To: Skeeter Bug who wrote (68506)	3/5/2000 12:31:00 AM
From: Clarksterh	Read Replies (3) \| Respond to of 152472

Skeeter - As usual, you are a little inflamatory: since kyocera has no incentive to build phones nobody wanted like qcom did. There has never been the slightest evidence that Qualcomm was making product they couldn't sell. To paraphrase Sagan, 'incredible claims require at least some evidence'. maybe more than 40% of qpe was released with biggest hits in production. guess what this means? Not what you think. There are many ways in which a company can have too much manufacturing capacity. The first is the one you claim with no evidence (that they can't sell everything they make), and the second is that they can't get enough components. Either way, too much capacity is too much capacity and layoffs can happen. But in the latter case there will be no impact to production. Guess what Qualcomm has been complaining about for the last two or three quarters? Lack of components! Thus the most likely scenario is that layoffs will have minimal impact on production (although, to be honest, I'd be surprised if the transition didn't have some impact). Clark

To: Skeeter Bug who wrote (68506)	4/18/2000 4:58:00 PM
From: waverider	Read Replies (2) \| Respond to of 152472

Skeeter, I've waited for this for more than a month. NEXT time you come around here, please place a disclaimer on your posts concerning your TOTAL lack of understanding for what investing in outstanding corporations is all about. QCOM matches whisper number of .26 *QUALCOMM <QCOM.O> EXPECTS STRONG SECOND HALF WITH RECORD MSM CHIP SHIPMENTS And for the world's enjoyment, here is your insightful post about QCOM back in March. >>>To: The Verve who wrote (68501) From: Skeeter Bug Saturday, Mar 4, 2000 ÿ11:04 AM ET Reply # of 70838 tv,qcom makes a sizeable amount of change from the qpe/kyocera operations. that is why they gave away a $1.5 billion dollar revenue generating machine for a reported $250 - 500 million. they needed to keep qpe cdma or they would take a big hit to earnings. since kyocera has no incentive to build phones nobody wanted like qcom did. they aren't. maybe more than 40% of qpe was released with biggest hits in production. guess what this means? fewer chip sets sold. fewer dollars made. many millions and millions of dollars not made. add to that the fact xmas is over and this is typically a slower relative period in gen'l). oh, and the fact management almost always errs on the side oh extremely hopeful and they said hthe q w/b flat. voila, the real possibility of lower eps this q. So what does that make you verve? ...a fool standing on a soapbox parading around nothing more than a guess as to whether i'm guessing or someone interested in another opinion? well, ok, it ain't the latter ;-) don't hate me if it happens.<<< We don't hate you...just feel sorry for you. Good luck with your other investments. <H>