Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: foundation who wrote (32266)	2/12/2003 3:04:08 PM
From: foundation	Read Replies (1) \| Respond to of 196584

15:00 ET Qualcomm: Lehman comments on CDMA inventory talk (QCOM) 36.71 -0.93: --Update-- According to Lehman, at an investor conference today representatives from Motorola commented on the outlook for the handset market in China. MOT management suggested that CDMA inventories in the region may be approaching around 10 weeks, above more normalized levels of 6-8 weeks. Firm is aware that MOT comments could place some near-term pressure on QCOM. However, firm is maintaining its estimate for QCOM's shipments into China in 2003 of 14 mln chipsets. Lehman continues to estimate that with QCOM 100% booked on its MarQ, estimate of $0.35 could prove conservative. (also see 13:38 comment) ========== Inventory build in China? Who'd have thought! LOL!