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To: Dealer who wrote (10888)	11/1/2000 3:20:32 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

QCOM-- Market Pulse Last Update: 2:23 PM ET Nov 1, 2000: Wednesday, November 01, 2000 Merrill previews QCOM's Q4 --2:23 pm - By Tomi Kilgore Merrill Lynch analyst Michael Ching previewed Qualcomm's (QCOM: news, msgs) fiscal fourth quarter, which is slated to be revealed after the close of Thursday's regular trading session. Chings thinks the company will report EPS of 24 cents a share, in line with the consensus analyst estimate compiled by First Call. He expects revenue to be down 6 percent from last year's fourth quarter to $675 million. Separately, Ching sees no firm evidence of a reinstatement of handset subsidies in Korea or a commitment in China to build out a CDMA network, issues that have been a focus of investors of late. Qualcomm is changing hands at $62.44, down $2.67 from Tuesday's close and off 17 percent for the week.