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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Jon Koplik who wrote (134988)7/25/2004 4:49:35 AM
From: Elroy  Read Replies (1) | Respond to of 152472
 
Wall street EPS forecasts for QCOM make little sense.

In '02 December EPS rose 35% from September (31 cents to 42 cents).

In '03 December EPS rose 76% from September (29 cents to 51 cents).

And now in '04, analysts are forecasting a sequential rise in December of........9%?!? 55 cents in September only increases to 60 cents in December?

Also, didn't QCOM say on their conference call that they expect operating expenses to be flat in September with June levels? That says to me they are at about the staffing level they require, and leverage in EPS should begin to reaccelerate.

Elroy



To: Jon Koplik who wrote (134988)7/25/2004 5:02:13 AM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
Jon, the huge waves are no doubt just interference patterns, lasting only as long as it takes the waves to cross each other. These are not tsunamis.

If you get two waves crossing paths, the peaks add together.

That's why cyberphone microwaves, which by themselves can't smash DNA and cause brain cancer, can, if combined with other waves, provide enough energy to break some DNA. Okay, I admit that it's a trivial effect, but with a large enough sample, the effect could be epidemiologically found.

Imagine a high energy wave about to hit a DNA connection, which happens naturally from time to time, then, out of left field comes a beam of 2GHz photons blasting up 1414 km to reach a Globalstar satellite [or further if the satellite isn't directly overhead]. One or two of those photons land simultaneously with the high energy wave, perhaps even with a third party wave coming in from somewhere and crikey, just when a carcinogenic virus DNA, or carcinogenic chemical is looking for an entrance to that very DNA.

"Crack" - like lightning, the waves land simultaneously, bust the DNA and the carcinogen hooks on to the loose bonds. Hey presto, a cancer cell, ready to go exploring and breeding. If any one of that gang had been somewhere else, there would have been some bouncing and warming, but no cancer cell formation.

It's not just out on the ocean you need to look out for interference patterns.

Mqurice

PS: People [some of them] will worry so much about the danger of cyberphones that they'll pull out a cigarette to soothe their nerves. I will not comment on the relative risk of the two things, but I would offer life insurance to cyberphone users, including brain insurance, without penalizing them compared with those not using cyberphones.