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


To: limtex who wrote (141417)1/26/2006 8:50:41 AM
From: Jim Mullens  Read Replies (4) | Respond to of 152472
 
Lim, re: “who knows when the famed growth engine will kick in big time?

I guess you’re not satisfied with ~25% growth rates?

FY06 Guidance reaffirmed / unchanged-
+ Pro Forma-
...Revenues- MP increase of 21% YOY
...EPS- MP increase of 25% YOY
+ GAAP
...Revenues- MP increase of 21% YOY
...EPS- MP decrease of 5 cents, 20 cents due to stock option expense reporting rqmt
+ Handset Sales-
...CDMA- MP increase of 11% YOY
...WCDMA- MP increase of 91% YOY
...Total- MP Increase of 25% YOY

And, the above despite substantial increases in R&D (~25%) to sustain such growth far into the future.

My, some of us very fortunate QCOM longs have gotten spoiled (greedy)with the ~35% CAGR since the IPO. Most companies are delighted to report low double digit growth rates, and many investors are very satisfied just to achieve long term growth in the 15% range.