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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: mightylakers who wrote (21468)7/25/2002 5:03:33 PM
From: Eric L  Read Replies (1) | Respond to of 34857
 
Holy Shmoley!

ERICY   1.00   -17.36% 

CSCO 11.61 -11.31%

QCOM 25.62 -11.96%

MOT 12.18 -9.51%

OPWV 0.94 -8.74%

IDCC 7.41 -6.20%

NOK 11.32 -6.14%


<< Warning! The earning is out. >>

They better be GOOD!

Best to all still invested in wireless,

- Eric -



To: mightylakers who wrote (21468)7/25/2002 5:28:36 PM
From: Eric L  Read Replies (1) | Respond to of 34857
 
re: *** OT *** QCOM Earnings

Good:

Pro forma revenues were $721 million, an increase of 10 percent compared to $657 million in the year ago quarter and 9 percent compared to $659 million in the second quarter of fiscal 2002. Pro forma earnings per share were $0.24 in the third quarter of fiscal 2002, an increase of 20 percent compared to $0.20 per share in both the year ago quarter and the second quarter of fiscal 2002.

Based on the current business outlook, we expect fourth fiscal quarter pro forma revenues to increase by approximately 10-13 percent compared to the third quarter of fiscal 2002. We expect fourth fiscal quarter pro forma earnings per share to be approximately $0.26-$0.27.

Based on the current business outlook, we expect pro forma revenue growth for fiscal 2002 to be approximately 7-8 percent and pro forma earnings per share to be approximately $0.93-$0.94.


Beats a poke in the eye with a sharp stick, but ...

GAAP reported loss was $14 million or $0.02 per share in the third quarter compared to a loss per share of $0.26 in the year ago quarter and earnings per share of $0.05 in the second quarter of fiscal 2002.

>> Qualcomm 3rd-Qtr Profit Beats Estimate

July 25, 2002
Reuters

Wireless technology company Qualcomm Inc. (QCOM) on Thursday reported fiscal third-quarter earnings that beat its estimates, helped by demand for its advanced wireless technology that lets cell phone users surf the Web, swap pictures and download music.

On a proforma basis, excluding investments and amortization of goodwill, the company posted a profit of 24 cents per share compared with 20 cents a year ago. Qualcomm previously said it expected to meet or beat the high end of its target of 21 cents to 23 cents.

San Diego-based Qualcomm reported a net loss of 2 cents a share.

Proforma revenue in the quarter rose 10 percent to $721. >>

I sure hope the analysts like it.

Off to the CC.

You home already?

If so welcome home.

- Eric -