SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (117276)4/24/2002 10:30:51 AM
From: slacker711  Read Replies (2) | Respond to of 152472
 
keep in mind, it's only 30 on a pro forma basis. not exactly the same thing as receiving a 3% dividend yield. GAAP earnings were a whopping 5 cents

Sure....but a share buyback would come out of cashflow. At 30 and below, I see Qualcomm's stock as a better investment than a CDMA operator in Brazil.

Soundview thinks the co's handset guidance is too high and consensus for 03 earnings needs to come down.

It all depends on W-CDMA. If Nokia and Motorola manage to get commercial dual-mode handsets out during the fourth quarter the estimates are way to low....if not, Qualcomm is going to need to see pretty big growth out of China and India.

Slacker



To: Wyätt Gwyön who wrote (117276)4/24/2002 10:33:09 AM
From: J Langholtz  Read Replies (2) | Respond to of 152472
 
Anybody have an idea when the writeoffs / adjustments will cease or at least dissipate substantially. I'm surprised that at this stage of the companies existence there is such gap between GAAP and proforma earnings. Long since 94.