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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (30241)	5/3/2006 11:35:59 AM
From: Donald Wennerstrom	Respond to of 95456

Here is an input today from Briefing.com on QCOM <<09:48 ET Qualcomm: 51.97 +0.91: For many, choosing a handset is not just about phone features and benefits, it's about the carriers and the technology they use for their networks. The two major technologies in the world that service providers use to carry voice and data services across their networks are CDMA (Code Division Multiple Access) and GSM (Global System for Mobile Communications). GSM has been the standard in Europe and Asia, while CDMA has ruled in the US. Today, Qualcomm, the world's second largest maker of cell phone chips, raised its guidance reflecting higher shipments that resulted from healthy demand growth for handsets in the developed and emerging markets. CDMA, Qualcomm's brainchild, is gaining momentum in the race to become the world's dominant wireless technology. The company's increased forecast reflects stronger than expected new orders for its low-end chip sets, as well as its high-end 1xEV-DO chipsets. QCOM expects shipments could rise to as many as 56 million units from 36 million a year earlier - up from its previous guidance of 53 mln. At the time of its second quarter report on April 19th, Qualcomm raised the bar for the third quarter forecasting EPS of $0.36-$0.38 and revenues of $1.77-$1.87 bln. Today, the company, which ranks second behind Texas Instruments (TXN) in handset chip sales, moved the needle a bit higher. It now sees earnings of $0.38-0.40 per share and revenues at or above the high end of its previous guidance. The market consensus currently stands at $0.38 per share and $1.835 bln in revenues. Shares of Qualcomm, as well as the handsets manufacturers like Motorola (MOT), are moving higher in early trading. Qualcomm is still in negotiations with Nokia (NOK) over a cross-licensing agreement, which remains an overhang on shares. Today's revision gives evidence of greater CDMA momentum in the emerging markets as well as Europe and Asia. The next big catalyst on the horizon is the 3G licenses in China, the timetable of which has been delayed on numerous occasions. --Kimberly DuBord, Briefing.com>>