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

To: Sawtooth who wrote (9542)	4/1/1998 9:01:00 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 152472

Tim A, aside from Zacks dropping QCOM from a 3 to a 5, the concensus earnings estimates had been adjusted again. That is after a huge downward revision after the Korea affair. For this qtr, consensus is for $.24 and $.39 for next qtr. For FY 98, it is now down to $1.68. Wasn't this in the $2.25 to $2.50 range earlier this year? For FY 99, it is now only $2.53. I suspect the probability of hitting or substantially exceeding these estimates is quite high. Ramsey