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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (54840)	4/23/2002 11:27:06 AM
From: Sully-	Read Replies (1) \| Respond to of 99280

11:24 ET Qualcomm: BofA sees estimates coming down (QCOM) 34.75 -0.28: Banc of America Sec expects estimates to be cut following QCOM's report tomorrow evening. Based on lower growth trajectory, firm sees up to $0.10 coming off its CY03 estimate of $1.20. Notes that Verizon, which is the largest CDMA operator in the world, reported Q1 net additions of 186K, below consensus of 200-300K. BofA advises looking for entry points after the quarter; it would look to get more aggressive after the report or on significant weakness today following Verizon.