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


To: vampire who wrote (78791)6/14/2002 8:52:42 AM
From: stomper  Read Replies (1) | Respond to of 99280
 
Here's a possible peek at those PCS sub numbers for QCOM that limPtex was crowing about. You still short, -g-?:

07:19 ET Qualcomm cut to Mkt Perform at Deutsche -- writing on the wall (QCOM) 32.39: Deutsche Securities downgrades to MKT PERFORM following Sprint PCS release of dismal results. PCS announced that net subs would be approx. 300k vs consensus of 600-700k; capex was cut by $100 mln. Leads firm to lower estimates; FY02 goes to $0.85 from $0.87 and FY03 to $1.02 from $1.05.