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

To: James Connolly who wrote (6730)	12/28/1997 4:05:00 PM
From: Caxton Rhodes	Read Replies (2) \| Respond to of 152472

SD Trib article-LOCAL STOCKS-Qualcomm a year-end, capital-gains favorite DON BAUDER 28-Dec-1997 Sunday Stock of telecommunications superstar Qualcomm was belted in the late fall and early winter, but it's one of Standard & Poor's 10 year-end favorites for capital gains in the next 12 months. "This company pioneered a digital wireless telephone operating system called code division multiple access (CDMA) that features excellent voice quality and high capacity for value-added services such as e-mail, stock quotes and Internet access," says S&P. "CDMA is rapidly emerging as the standard for mobile telecommunications, with nine of the 12 largest U.S. cellular carriers and two out of three new PCS (personal communications services) providers adapting the technology." CDMA is making inroads in Chile, Peru and South Korea, says S&P. In 1997, revenues doubled to $2.4 billion. In 1998, revenues should hit $3.8 billion as earnings per share jump 60 percent to $2.10. For fiscal 1999, $3.15 is possible, says S&P, which gives Qualcomm its highest (five-star) ranking.