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

To: ggamer who wrote (90219)	12/14/2000 5:12:48 PM
From: DiB	Respond to of 152472

>Company says current weakness in worldwide economic conditions is resulting in a slowdown in PC sales, corporate IT spending, and consumer online services and advertising. Is this something new that we didn't know before?

To: ggamer who wrote (90219)	12/14/2000 5:18:57 PM
From: limtex	Respond to of 152472

gg - 2001 EPS forecast is now $1.80-1.82 vs consensus of $1.90 Do you think we will get through 01 without awarning on those numbers? My guess is that with a Global recession now getting going they will be luck to do over a $1 and that will be a mircale. Only an interest cut and a big one at that can save us now. No 0.5% measley cut this time we need a good 3/4% to 1% to undo the damage that has been done before we get some big telcos defaulting and bringing down the banking sector. MM was right. Best regards, L