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

To: Rajala who wrote (92973)	1/30/2001 1:16:32 PM
From: Getch	Read Replies (2) \| Respond to of 152472

Which part of "We are currently capacity constrained by a supplier, actual orders are much higher than 16 million" (approx. quote) from the Qualcomm CC is confusing to you? Nokia will have an exceptionally poor year because they have no reason for their customers to upgrade their phones. Upgrades have been large percent of sales. No upgrades, bad year. Old models, low margins. New models, high margins. Let's try the math. Do this one by yourself, Raj. Q.) Old models/low margins + reduced sales = (answer below if you need) While you are thinking, here is a bonus problem, Q.) Name one major supplier/carrier of CDMA that has lowered expectation for the year.* * A.) 12 month price target of 31 (20% below opening price on day of release) ** Sorry, Raj, trick question. There aren't any.