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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (52328)	7/25/2002 6:14:53 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 54805

QCOM results 3Q02: Yawn. More of the same. They are getting to be a very predictable company: EPS: -0.02 However, the headlines say they beat estimates, making +0.24, when +.22 was expected. The results with the positive sign were achieved by the usual Creative Accounting: "$194 million in charges related to Leap Wireless securities. Also (GAAP but not pro forma) includes $27 million loss related to Leap Wireless warrants"