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

To: anandnvi who wrote (73880)	6/14/2000 6:24:00 PM
From: Jimbo	Read Replies (1) \| Respond to of 152472

If you feel the cfo got suckered then I am really worried about the sophistication of Qs management team. They should know better !

To: anandnvi who wrote (73880)	6/14/2000 7:16:00 PM
From: Boplicity	Read Replies (1) \| Respond to of 152472

Anhand, re: Does anybody know whether analysts have ever included any G* earnings in their projections? Sure that's why they said it would be lower. Greg

To: anandnvi who wrote (73880)	6/14/2000 8:22:00 PM
From: cfoe	Read Replies (1) \| Respond to of 152472

Does anybody know whether analysts have ever included any G earnings in their projections?* If you are talking about today's announcement from BS meeting, I believe the 10 cents hit to earnings has almost entirely to do with potential writeoff of receivables from G, if they were to go under, and not to a reduction in earnings from new sales for G. The latter may be some of the reduction, but I do not believe much. (IMHO)

To: anandnvi who wrote (73880)	6/15/2000 10:41:00 AM
From: Stu R	Respond to of 152472

According to Bernstein Research report the following is their projected revenues for OmniTRACS and Globalstar: ($mil) Omni Globalstar FY2000 406 320 FY2001 460 186 FY2002 509 135 FY2003 576 117 FY2004 627 101 Out of a total value for QCOM of $110, they believe $2 is attributable to Other (Omni, etc.). So it appears that Bernstein's analyst would opine that Globalstar's demise would result in little or no change to QCOM's overall value as determined. I don't believe Thornley was suckered since the question was appropriate and he seems to have addressed it directly. It may be Bear Stearns clients who get suckered in the long run if they are advised to sell. Stu