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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: cfoe who wrote (29181)11/20/2002 5:17:45 PM
From: Eric L  Read Replies (1) | Respond to of 196633
 
cfoe,

<< This reminds me of another thing Schrock spoke about. 1) He mentioned that companies in Europe that are shipping wCDMA infrastructure to SPs were including a dozen of the QCOM wCDMA phones to facilitate testing. >>

He said "Its no secret that Ericsson for instance is shipping 10 units (test handsets) with each base station shipped". I didn't hear any other companies mentioned. He did say that they had shipped 1800 test units.

<< He made it sound like this was the only phone available for testing the system, i.e., the only wCDMA phones that work. >>

I think he attempted to leave that impression. Some might like to have that takeaway. <g>

<< 2) He also indicated that these companies were using QCOM's wCDMA infrastructure (I assume he meant CSMs). >>

I sure didn't hear that. Either in presentation at 10:00 forward or Q&A. Either time I listened. Maybe my listening skills are deteriorating.

<< 3) Finally, he then added the names of the infrastructure providers shipping QCOM infrastructure and phones and included in the group was NOK. >>

I think what you may be referring to his statement at about 23:00 that they were doing interoperability testing in 8 vendors labs including Ericsson, Nokia, Siemens, Nortel, etc. That is only mention of Nokia I heard. That is of course what every handset manufacturer is doing right now (shipping test or precommercial or commercial handsets into every other manufacturers IOT lab) - Nokia with its type approved 6650, NEC with its 3 commercial models, Motorola with its A830 - soon Siemens with its U10, Sony Ericssson with its own test unit and software suite.

Best,

- Eric -



To: cfoe who wrote (29181)11/20/2002 5:31:00 PM
From: cfoe  Respond to of 196633
 
Zacks Issues Buy Recommendations on the Following 4 Stocks: FNF, QCOM, ATH and DELL

Among the #1 ranked stocks today we highlight the following companies: Fidelity National Financial Inc. (NYSE: FNF, news) and QUALCOMM, Inc. (NASDAQ: QCOM, news).

QUALCOMM, Inc. (NASDAQ: QCOM, news) develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. The company capped off its year in grand fashion, with fiscal fourth quarter pro forma earnings of $250 million, or 31 cents a share, which easily eclipsed what Wall Street was expecting. The results were also more than +60% on top of results from last year. Revenue improved by approximately +30%. As a result, QCOM now sees fiscal first quarter earnings of 35 cents to 38 cents a share, and fiscal 2003 earnings at $1.15 to $1.20. Both of these results are ahead of expectations. Over the past month, estimates for QCOM have risen at a good rate. The company plans to continue executing on its strategy for increasing global acceptance of its technology. Even in a very challenging environment, QCOM has put together some good numbers. Investors should consider dialing up some profits with this company.